Former General Counsel of Bio-Rad is Awarded $8 million for Employer Retaliation Claim Following Whistleblower Report

While massive awards paid out by regulators to whistleblowers continue to dominate headlines, a U.S. jury recently awarded a significant damages...

ISDA and other associations ask for extension for Variation Margin Requirements

On February 7, 2017, multiple organizations — The International Swaps and Derivatives Association (ISDA), the Global Financial Markets...

Superior Court confirms the validity of royalties paid by a pharmacist to its franchisor

Article 49 of the Code of ethics of pharmacists (the Code) precludes pharmacists from sharing profits from the sale of medications or from their fees...

Saskatchewan Court of Appeal clarifies the role of out of province representative plaintiffs

In Ammazzini v Anglo American PLC, 2016 SKCA 164, the Saskatchewan Court of Appeal clarified the rights of an out of province representative...

DOJ enters into non-prosecution agreement with Las Vegas Sands Corporation over alleged FCPA violations

Deferred or non-prosecution agreements are not a feature of the Canadian enforcement landscape, but are used effectively in a number of other...

Divided Court of Appeal Certifies a “Global” Class Action

In Excalibur Special Opportunities LP v Schwartz Levitsky Feldman LLP, a majority of the Court of Appeal for Ontario certified a “global”...

Enerzone Inc. v. Ontario (Revenue): Order refusing to dismiss an appeal without disposing of substantive issues was interlocutory

In Enerzone Inc. v. Ontario (Revenue), the Ontario Court of Appeal quashed the Minister’s appeal on the basis that the motion judge’s order was...

CSA Proposes to Discontinue Embedded Commissions for Investment Fund Sales and Transition to Direct Pay Arrangements

On January 10, 2017, the Canadian Securities Administrators (CSA) published for a 150-day comment period CSA Consultation Paper 81-408 - Consultation...

Known unknowns: Ontario Court of Appeal provides guidance on discoverability in potentially contaminated lands cases

The Ontario Court of Appeal released an important decision regarding environmental due diligence in a real estate transaction that provides guidance...

Ignored Employee Turns Key Source in Proceedings Brought Against Former Hedge Fund Bosses

Former Visium Asset Management LP trader, Jason Thorell’s cooperation with the SEC Whistleblower Program and other US federal agencies has...