lexpert feb. 2019 coverReuters
Lexpert Roundup on the Business of Law
Lexpert identifies and reports on emerging business issues and practice areas in the business of law. Whether online, in our magazine, or in the DealsWire or LitigationWire e-newsletters, we chronicle deals and lawsuits of interest, and cover issues of broad concern to the legal profession and those who purchase legal services. We hope you enjoy this sampling of our latest content.
From the DealsWire: Top 10 deals | Gateway to go public | Fujifilm-Biogen deal
The Lexpert DealsWire (subscribe here) documents facts, figures and key legal players behind recent deals. This week’s closed deals include the Stingray Digital Group in its acquisition of radio broadcaster Newfoundland Capital, as well as AltaGas selling Canadian midstream and power assets to Birch Hill Equity Partners.
We also look at the legal players behind the acquisition of Firmex Holdings Inc. by Vertu FX LP and BDC Capital. Finally, we explore the teams on the Gallagher Benefit Services (Canada) Group acquisition of Accompass.
For anyone who doesn’t work in the field of private equity, it may come as a surprise to learn that unlike a hedge fund, which can live on forever, a Private Equity fund has the same life expectancy as a goat: ten years. As a fund approaches the finish line, it has to start shedding its assets and distributing the profits to investors. And a lot of private equity funds, like the baby boomers, are entering their senior years.
Canadian society has long viewed charities and other not-for-profits as being a wholly different category from businesses. But recently society has begun to focus more on social purpose and social impact as goals; this has resulted in real change to how lawyers should give legal advice to charities and not-for-profits, and to the broader sector of individuals and organizations with social goals: the “social impact” sector. Miller Thomson LLP’s Robert Hayhoe describes this shift in February’s Change Agent column.
While FAANG (Facebook, Amazon, Apple, Netflix and Google) gets most of the media attention for their revolutionary business models and technologies (and market share and stock market valuations), the good news is that there is lots of room for Canadian players in the e-commerce space, writes Lexpert’s technology columnist George Takach, who profiles several.
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