Blakes Weekly Digest - May 31, 2024
In this issue...
Commercial Leasing: Adapting to Evolving Commercial Real Estate Dynamics
In today’s dynamic commercial leasing market, ESG concerns, rising office vacancies, densification and high inflation are reshaping the industry.?
Here are five key considerations for successful lease agreements:
B.C. Implements New Output-Based Pricing System for Carbon Emissions
Major industrial operations in British Columbia are subject to a mandatory new output-based pricing system for carbon emissions. The new system will replace the province’s CleanBC Industrial Incentive Program.
European Court Declares Switzerland’s Responsibility to Combat Climate Change to Protect its Citizens’ Human Rights
In Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, the European Court of Human Rights found that Switzerland failed to establish an adequate regulatory framework to combat climate change, adversely impacting its citizens' lives. The arguments presented in this European decision may carry over into future Canadian private and public climate change litigation.
M&A Take-Privates on a Roll
Take-private transactions have recently outpaced initial public offerings in the Canadian market, with many of these transactions involving an equity rollover component. We highlight the key considerations for organizations carrying out take-private rollover transactions, including transaction structuring considerations, governance matters, key agreements with rolling shareholders, shareholder engagement and more.