U.S. Supreme Court restrains SEC disgorgement powers

Earlier this month, a unanimous Supreme Court of the United States held that in SEC enforcement proceedings, claims for disgorgement must be...

$1 billion proposed class action in the U.S. ploughs ahead

Last week, the U.S. Ninth Circuit upheld a district court’s decision in Cooper v. Tokyo Electric Power to deny defendant Tokyo Electric Power...

Supreme Court of Canada lends an enforcement hand to intellectual property right owners

In Google Inc v Equustek Solutions Inc, 2017 SCC 34 (June 28, 2017) (Equustek), the Supreme Court held that Canadian courts have discretion to issue...

Target benefit plans in Canada — Estates, Trust & Pensions Journal (Vol. 36)

Jana Steele offers a comprehensive overview and comparison of the key attributes of TBPs.

Wellman v. TELUS: Ontario Court of Appeal clarifies the impact of arbitration clauses on class proceedings

In Wellman v. TELUS Communications Company, 2017 ONCA 433, the Ontario Court of Appeal dismissed an appeal of an order denying a motion to partially...

Teal Cedar Products Ltd. v. British Columbia: The Supreme Court of Canada provides further guidance on the standard of review for contractual interpretation

In Teal Cedar Products Ltd. v. British Columbia, the Supreme Court of Canada recently confirmed that contractual interpretation typically involves...

The Eco Oro decision – OSC invokes broad jurisdiction in effectively neutralizing a private placement

The Ontario Securities Commission recently released its reasons for overturning a decision by the Toronto Stock Exchange conditionally approving a...

Canada publishes bail-in regulations

On June 16, 2017, the Canadian federal government published its draft bail-in regulations for public comment. This Update offers a detailed overview...

Class counsel fees and other obstacles to class action settlements in Québec

In recent years, a considerable number of Québec class actions have been authorized (certified) for the sole purpose of approving a settlement. The...

Let’s make a deal[er] – 2016 a record year for MFDA enforcement activity

In a May 26, 2017 press release, the Mutual Fund Dealers Association of Canada (“MFDA”) announced its 2016 Annual Enforcement Report,...