Decisions

Icahn Partners LP, Icahn Partners Master Fund LP, Icahn Partners Master Fund II LP, Icahn Partners Master Fund III LP, High River Limited Partnership, Icahn Fund S.À R.L. and Daazi Holding B.V., 7508921 Canada Inc. and Ronald G. Atkey, in his capacity as sole trustee of the LGE Trust and Lions Gate Entertainment Corp., MHR Institutional Partners III LP, MHR Fund Management LLC and Dr. Mark H. Rachesky [Ruling]

BCSECCOM #:
2010 BCSECCOM 438
Document Type:
Ruling
Published Date:
2010-07-30
Effective Date:
2010-07-30
Details:

2010 BCSECCOM 438

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2010 BCSECCOM 438



Icahn Partners LP, Icahn Partners Master Fund LP,
Icahn Partners Master Fund II LP,
Icahn Partners Master Fund III LP, High River Limited Partnership,
Icahn Fund S.À R.L. and Daazi Holding B.V., 7508921 Canada Inc. and Ronald G. Atkey, in his capacity as sole trustee of the LGE Trust
(collectively, the “Icahn Group”)

and

Lions Gate Entertainment Corp., MHR Institutional Partners III LP,
MHR Fund Management LLC and Dr. Mark H. Rachesky

Section 161 of the Securities Act, RSBC 1996, c. 418

 

 


PanelBrent W. AitkenVice Chair
Kenneth G. HannaCommissioner
David J. SmithCommissioner
Date of applicationJuly 28, 2010
Date of rulingJuly 30, 2010
Appearing
Mark Gelowitz
Allan Coleman
Robert Anderson, Q.C.
For the Icahn Group
Mark D. Andrews, Q.C.
Lata Casciano
Andrew Nathanson
For Lions Gate Entertainment Corp.
Stephen R. Schachter, Q.C.
David Schultz
Alex Moore
For the MHR Parties
Shawn McColm
Leslie Rose
Gordon Smith
For the Executive Director

    Ruling


    ¶ 1 On July 28, 2010, we heard Icahn Group’s application for temporary cease trade orders related to its take over bid for Lions Gate Entertainment Corp. After considering submissions from the parties and the public interest, we dismissed the application.

    ¶ 2 July 30, 2010

    ¶ 3 For the Commission


    Brent W. Aitken Kenneth G. Hanna
    Vice Chair Commissioner


    David J. Smith
    Commissioner