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18 Jul

Keep it Simple and Safe – Explaining the new-found popularity of the SAFE

Tuesday, July 18, 2017George ToryCorporate Law, Securities Law, Business LawIPO, Investor Agreements, Preferred Shares

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If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.  

Not for a SAFE.

In the case of a SAFE, or a ...

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26 Jul

Securities Distributions Outside of Canada. A Summary of the OSC's Proposed Rule 72-503

Tuesday, July 26, 2016Kathleen Skerrett, Heather ZordelCapital Markets, Business Law, Securities Law, LitigationOntario Securities Commission, Rule 72-503

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The line designating when the Ontario Securities Commission (OSC) will regulate a distribution of securities is being redrawn. The current “rule”, Interpretation Note 1 Distributions of Securities Outside Ontario under a repealed OSC Policy 1.5 (OSC Interpretation Note 1.5) has...

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