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Cineplex’s C$1.24 Billion Damages Award: Should Market Practice in Canadian Public M&A Learn From the U.S.?

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Capital Markets and Mergers & Acquisitions Bulletin

Cineplex’s C$1.24 Billion Damages Award: Should Market Practice in Canadian Public M&A Learn From the U.S.?

The C$1.24 billion damages award in Cineplex in December 2021 was big news.

Rarely do Canadian M&A disputes result in such a colossal damages award.

Moreover, the nature of the damages and their calculation were, to put it mildly, curious.

In our article, Cineplex’s C$1.24 Billion Damages Award: Should Market Practice in Canadian Public M&A Learn from the U.S.? (PDF, 148 KB), in The M&A Lawyer we scrutinize Cineplex’s “lost synergies” analysis and ask whether Canadian M&A practice should take a lesson from the U.S.

Contact the Authors

For more information or to discuss a particular matter please contact us.

Contact the Authors

Authors

  • Gesta A. Abols, Partner | Co-Leader, cross border and international practice, Toronto, ON, +1 416 943 8978, gabols@fasken.com
  • Brad Moore, Partner, Toronto, ON, +1 416 865 4550, bmoore@fasken.com
  • Paul Blyschak, Counsel, Calgary, AB, +1 403 261 9465, pblyschak@fasken.com

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