In Jones v. Zimmer GMBH, 2016 BCSC 1847, Justice Bowden of the B.C. Supreme Court recently approved settlement of a class action despite the objection…
When Class Members Oppose A Class Settlement: B.C. Court Approves Settlement Despite Objections Of Certain Class Members
In Jones v. Zimmer GMBH, 2016 BCSC 1847, Justice Bowden of the B.C. Supreme Court recently approved settlement of a class action despite the objection…
Proposed Amendments to Bank Act – Federal Consumer Code for Banks
On October 25, 2016, Bill C-29 received first reading. Division 5 of Part 4 of Bill C-29 amends the Bank Act to consolidate and streamline provisions …
Ledcor Construction Limited v Northbridge Indemnity Insurance Company: the SCC revisits Sattva on standard of review for contractual interpretation
While initially heralded as a transformative for the law of contractual interpretation and appellate intervention, the legacy of Sattva Capital Corp v…
Significant corporate governance changes in proposed amendments to the Canada Business Corporations Act
On September 28, 2016, the Canadian federal government introduced Bill C-25: An Act to amend the Canada Business Corporations Act et al. The proposed …
Target Benefit Plans Soon to be Available for Federally Regulated Employers
The federal government announced yesterday proposed changes to the federal Pension Benefits Standards Act, 1985 (the “PBSA”) to perm…
Taking the Show on the Road: Class Action Judges Can Sit Outside their Province
The Supreme Court of Canada held in Endean v. British Columbia that superior court judges in British Columbia and Ontario have broad statutory authori…
Penalties Assessed for Untimely Disclosure of Liabilities Arising From an Investigation
On September 9, 2016, the United States Securities and Exchange Commission (“SEC”) charged RPM International Inc. (“RPM”) and …
“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 mar…
CPP Enhancement is Coming
On October 6, 2016 the government introduced Bill C-26, which sets out amendments to enhance the Canada Pension Plan. This follows the recent an…
