Kevin O’Brien Kevin O’Brien

Court of Appeal for Ontario clarifies appropriate date for assessment of damages for breach of contract

The Court of Appeal for Ontario clarified that the appropriate date to assess damages for breach of contract is as at the date of breach. Learn more.

“Impermissible Attempt” to Avoid Restrictions on Secondary Market Class Actions Rejected by Court of Appeal for Ontario

The Court of Appeal for Ontario has recently confirmed that the Securities Act provides a circumscribed route for class actions alleging secondary...

Defendants Sidelined in Third Party Funding Motion

Justice Perell’s July 7, 2016 decision in Berg v. Canadian Hockey League is the most recent development in the evolving law surrounding the role of...

Court Clarifies Underwriters’ Exposure to Securities Act Claims

In his April 27, 2016 judgment in LBP Holdings v Allied Nevada Gold Corp., Justice Belobaba of the Ontario Superior Court of Justice refused to add...

Ontario Court Confirms Threshold for Leave for Secondary Market Securities Class Actions

In its recent decision in Bradley v Eastern Platinum Ltd., 2016 ONSC 1903, the Ontario Superior Court of Justice denied leave to commence a secondary...

U.S. Department of Justice Claims Billions from Volkswagen in the Latest Emissions Scandal Salvo

One of the highest-profile corporate scandals of 2015 has continued to plague German automaker Volkswagen in 2016, as the U.S. Department of Justice...