Recent announcements and other actions by financial regulators around the world signal growing regulatory concern over the rapid growth of initial coi…
Salewski v. Lalonde: Characterizing an order as final or interlocutory where limitations periods were argued
In Salewski v. Lalonde, the Court of Appeal for Ontario held that an order dismissing a motion to strike a claim based in part on limitations…
Standard form contracts: B.C. court confirms preferability of class proceeding
In considering a proposed class action by individuals from the United Arab Emirates who had been recruited as candidates for employment in convenience…
Government seeks input on introducing deferred prosecution agreements regime in Canada
On September 25, 2017, the Government of Canada announced the launch of a public consultation seeking input on potential enhancements to the Integrity…
U.S. Supreme Court to rule on deference owed to SEC interpretation of securities legislation
We have previously discussed the pending appeal in Digital Realty Trust v. Somers, in which the U.S. Supreme Court will determine the scope o…
Mars Canada Inc. v. Bemco Cash & Carry Inc.: No Appeal to the Divisional Court from order where reference directed on damages
In Mars Canada Inc. v Bemco Cash & Carry Inc., the Ontario Divisional Court held that it did not have jurisdiction to hear an appeal wher…
Too many men on the ice – court imposes cost consequences on “over-pleaded” class action
Justice Perell’s costs decision in
“Who did I make a deal with?” – the sequel: Québec Court of Appeal confirms authorization of a consumer class action for false representations against a franchisor
On November 17, 2016, we published a blog post on a Superior Court of Québec judgment that authorized a consumer class action against, among others, a…
Open banking and cyber risk – balancing customer interests
In August, the Canadian government published a consultation paper as part of its ongoing review of Canada’s financial sector. The consulta…
DOJ’s non-prosecution deal with Swiss firm illustrates the benefits of cooperation
The Department of Justice and Internal Revenue Service announced that a non-prosecution agreement has been entered into by the DOJ and Swiss asse…
