On November 16, 2022, a joint statement was released to federally …
New crypto guidance for federally regulated entities
Transparency International identifies concerns with Canadian enforcement in biannual report
Canada continues to face criticism for a perceived lack of anti-corruption enforcement. Osler’s Malcolm Aboud, Sarah Firestone and Sierra Farr e…
No special treatment: Securities class action stayed by CCAA Court
No special treatment: CCAA Court extends stay of proceedings despite an attempt by the applicants in a securities class action to limit its scop…
First appeal of an arbitration award under section 59 of British Columbia’s new Arbitration Act
In Escape 101 Ventures Inc. v. March of Dimes Canada, 2022 BCCA 294, the British Columbia Court of Appeal (BCCA) held that a material misappreh…
Clawing it back: SEC adopts listing standards to prevent executives from benefiting from misstatements in financial statements
New rules adopted by the United States Securities and Exchange Commission introduce clawback requirements in cases where corporate executives benefit …
Are pension plan administrators legally required to consider climate change?
According to the United Nations’ Intergovernmental Panel on Climate Change’s latest report, the science is now settled that human behaviou…
Ransomware sentence indicative of cross-border cooperation in enforcement of white-collar crimes
A United States court recently sentenced a Canadian citizen to 20 years in prison for his participation in the NetWalker ransomware attacks. The case …
Divisional Court confirms Superior Court’s inherent jurisdiction to award costs against a non-party in construction lien action
Costs are typically awarded only against parties to litigation. The Divisional Court has affirmed, in the construction lien case Marcos v. Lad,…
The Ontario Divisional Court’s preferred approach to the preferable procedure analysis
In Curtis v. Medcan Health Management Inc., 2022 ONSC 5176 (Curtis), the Divisional Court overturned the Ontario Superior Court’s dismiss…
British Columbia Supreme Court strikes certification application for failure to meet residency requirement
A claimant’s failure to prove standing as a British Columbia resident under section 2(1) of the Class Proceedings Act, RSBC 1996, c. 50 (…
