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News & Insights

June 20th, 2018 - Not Apples to Apples

The following case study is based on a claim filed with Blue Book Services. The facts described below set up an interesting but not uncommon type of dispute between a truck broker and a wholesaler, with a shipment arriving at destination one or two days late with defects marginally in excess of those set forth by the Perishable Agricultural Commodities Act (PACA) and its Good Arrival Guidelines.

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June 21st, 2018 - Bayer Closes Monsanto Acquisition

Company Press Release – Bayer successfully completed the acquisition of Monsanto on Thursday. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with Bayer now the sole owner of Monsanto Company. Monsanto shareholders are being paid 128 U.S. dollars per share. J.P. Morgan assisted Bayer with processing the purchase price payment for the largest acquisition in the company’s history. According to the conditional approval from the United States Department of Justice, the integration of Monsanto into Bayer can take place as soon as the divestments to BASF have been completed. This integration process is expected to commence in approximately two months.

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June 21st, 2018 - Courchesne Larose Ltd. Assumes Minority Stake in J.B. Laverdure Inc.

Company Press Release – Jean-François Laverdure, CEO of J.B. Laverdure Inc. and Alain Routhier, CEO of Courchesne, Larose Ltd. are pleased to announce that Courchesne Larose Ltd. has taken a minority stake in J.B. Laverdure Inc. Both organisations are key players in Quebec’s produce importation and distribution industry and this transaction will help them face the challenges of their ever-changing business environment.

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