Advisory and Regulatory|April 7, 2025
Parkland’s proxy contest defence from Simpson Oil
Torys is acting as counsel to the special committee to Parkland with a team led by John Emanoilidis and that includes David Forrester, Pat Chapman, Max Ledger and Andrew Gray.
On April 4, 2025, Parkland received notification from Simpson Oil, a 19.8% shareholder of Parkland, to nominate nine directors as a dissident slate to the Parkland Board. The Parkland Board proposed a slate of thirteen directors which includes three of Simpson Oil’s nominees.
Further information can be found on Canada Newswire’s website.
Parkland is Canada's largest and one of North America's fastest growing independent suppliers and marketers of fuel and petroleum products and a leading convenience store operator.