January 12, 2012
Globalization is the backdrop for every deal: there isn’t a single purely domestic deal [in Lexpert's list of Top Canadian Corporate Deals of 2011]. But if globalization is the backdrop, what casts the shadow is very domestic – the role and clout of Canadian regulators, and their ability to affect deal timelines and even deal viability.
"Regulatory risk is a hot topic in Canadian M&A right now," says Sharon Geraghty. “There was a time when people took regulatory approval for granted.” Not anymore. "And that changes how people are doing deals." It drags out the timing of deals – and means that helping clients manage regulatory risk is atop the deal agenda from day one.
Torys was involved in three of Lexpert’s Top 10 Corporate Deals of 2011, as well as it’s number 1 "honourable mention' deal.
Read the full article here.