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Court says no jurisdiction over foreign bank and awards $1 million in costs in “entrepreneurial” securities class action

Posted on December 7, 2017 (May 13, 2024) by Havas Development

In Yip v. HSBC Holdings plc, the Ontario Superior Court of Justice held that it lacked jurisdiction over HSBC – a foreign iss…

Posted in Canadian Class Action Defence Blog

The long arm of the law: Multilateral enforcement effort leads to deferred prosecution agreement for Telia

Posted on December 1, 2017 (May 13, 2024) by Havas Development

On September 21, 2017 Swedish telecoms company Telia Co. AB agreed to pay $548.6 million in penalties as part of a

Posted in Risk Management and Crisis Response Blog

The limits of class actions: Systemic negligence claim is unmanageable

Posted on November 28, 2017 (May 13, 2024) by Havas Development

Promoting access to justice is one of the primary objectives of class actions. However, sometimes a class action sacrifices justice and would deny red…

Posted in Canadian Class Action Defence Blog

AMF to take closer look at registrants’ business relationships

Posted on November 24, 2017 (May 13, 2024) by Havas Development

The Autorité des marchés financiers (“AMF"), in seeking to bolster its role as a local regulator and better support the in…

Posted in Risk Management and Crisis Response Blog

United States v. Allen: Second Circuit’s decision has cross-border ramifications for compelled evidence

Posted on November 17, 2017 (May 13, 2024) by Havas Development

The United States Court of Appeals for the Second Circuit has refused to re-hear its decision in United States v. Allen, which ruled that it …

Posted in Risk Management and Crisis Response Blog

Ontario Court of Appeal reaffirms importance of procedural fairness

Posted on November 16, 2017 (May 13, 2024) by Havas Development

In Levac v. James, 2017 ONCA 842, the Ontario Court of …

Posted in Canadian Class Action Defence Blog

Ontario considering overtime and hours of work rules for “IT professionals”

Posted on November 16, 2017 (May 13, 2024) by Havas Development

The Government of Ontario is looking at dropping a wide range of overtime and hours of work exemptions, including the exemption that now  exclude…

Posted in Risk Management and Crisis Response Blog

Consumer class actions: The polyurethane foam settlement

Posted on November 13, 2017 (May 13, 2024) by Havas Development

In consumer class action settlements, it is quite common for the defendant to pay a fixed amount to a settlement fund, and the class plaintiffs to ove…

Posted in Canadian Class Action Defence Blog

Young v Noble: Newfoundland and Labrador Court of Appeal clarifies powers of a provincial appeal court to grant leave to appeal to the Supreme Court of Canada

Posted on November 9, 2017 (May 13, 2024) by Havas Development

In Young v. Noble, 2017 NLCA 48, the Newfoundland and Labrador Court of Appeal clarified the significant, but rarely exercised, power of a pr…

Posted in The Conduct of an Appeal Blog

Canada enacts Justice for Victims of Corrupt Foreign Officials Act – Implications for compliance with Canadian anti-money laundering requirements

Posted on November 9, 2017 (May 13, 2024) by Havas Development

On October 18, 2017, the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law) (the Act) received royal assent and beca…

Posted in Risk Management and Crisis Response Blog

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