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Osler Update May 2, 2017

Court rejects U.S. pension claim in Canadian CCAA proceeding

In a precedent-setting decision, Justice Fitzpatrick of the B.C. Supreme Court held that a U.S. multi-employer pension plan’s claim for $1.25...

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Osler Update May 2, 2017

On the road to legalization: Highlights of Canada’s proposed Cannabis Act

The Government of Canada introduced Bill C-45, An Act respecting cannabis and to amend the Controlled Drugs and Substances Act, the Criminal Code and...

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Osler Update May 1, 2017

Canada’s energy market showing signs of renewed life

The Canadian oil and gas sector has experienced turbulent times as of late. Total declines in market capitalization among Canadian oil and gas...

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Osler Update April 27, 2017

Redwater revisited – should the buck stop here?

On April 24, 2017, the Alberta Court of Appeal affirmed the Alberta Court of Queen's Bench's decision in Redwater Energy Corporation (Re), 2016 ABQB...

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Blog April 26, 2017

Plan administrators cannot “undo” negligent representation

Good employee communication is at the forefront of good pension plan governance. As fiduciaries, plan administrators are required to communicate with...

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Blog April 26, 2017

Nithiananthan v. Quash: Restricted approach to “leave on leave” in the Divisional Court

In Nithiananthan v. Quash, the administrative judge for the Ontario Divisional Court recently held that a motion for leave to appeal from an order...

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Osler Update April 26, 2017

Board’s Role in Crisis Management: Expecting the Unexpected

The impact of a crisis on a business can be felt throughout the organization and could negatively affect not only its reputation, but that of its...

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Blog April 25, 2017

OSC publishes draft Rules and Practice Guideline for comments

On April 20, 2017, the Ontario Securities Commission (the “OSC”) published draft Rules of Procedure and Forms and a proposed Practice...

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Osler Update April 25, 2017

The Eco Oro decision – OSC draws the line on private placements during proxy contests

The Ontario Securities Commission (OSC) has overturned a decision by the Toronto Stock Exchange (TSX) conditionally approving a private placement of...

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The Eco Oro decision – OSC draws the line on private placements during proxy contests
Blog April 24, 2017

Ontario court finds representative proceeding to be time-barred despite being commenced within the limitation period

In Caetano v Quality Meat Packers, 2017 ONSC 1199, Justice Belobaba of the Ontario Superior Court recently had opportunity to consider whether two...

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