A Delaware judge dismissed a lawsuit on May 16 by Wal-Mart Stores Inc. shareholders who had alleged the corporation’s management had covered up and fa…
R v. Lacasse: Supreme Court of Canada Confirms Limited Role of Courts of Appeal to Intervene in Criminal Sentences
In criminal matters, sentencing ranges are established to indicate the maximum and minimum sentences that have been imposed for a particular crime. Su…
Three Ontario Court of Appeal Decisions Hold Standard Form Insurance Contracts are to be Reviewed on Correctness Standard
Contract law was forever changed in Canada as a result of the Supreme Court’s 2014 decision in Sattva Capital Corp. v. Creston Moly Corp. As we have p…
Attempt To Revive Failed Certification Fails
What happens when a change in the law arguably gives fresh life to a previously failed certification motion? Justice Perell reminds us in the latest c…
Avoiding Settlement Stumbling Blocks, Part Two: Continuing Concerns Over “Sweetheart” Deals
In an earlier post from February, we wrote about the decision in Leslie v. Agnico-Eagle Mines, where Justice Belobaba’s expressed significant concern …
CSA Consultation Paper: Proposals to Enhance the Obligations of Advisers, Dealers and Representatives toward their Clients
On April 28, 2016, the Canadian Securities Administrators (CSA) published a consultation paper seeking public comment on proposals to strengthen the o…
Significant Developments in Whistleblower Payouts and Protections Continue to Attract Attention
Whistleblower protections and significant bounties paid to whistleblowers in the U.S. continue to make headlines, just as issuers in Canada brace for …
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 th…
British Columbia (Police Complaint Commissioner) v The Abbotsford Police Department: Determining Whether an Appeal is Civil or Criminal in Nature
The British Columbia Court of Appeal in British Columbia (Police Complaint Commissioner) v The Abbotsford Police Department, quashed an appeal of an o…
Mardonet v. BDO Canada LLP: Orders Quashing Summons to Parties are Interlocutory and not Final
The Ontario Court of Appeal in Mardonet v. BPO Canada LLP determined that a motions judge’s order quashing a summons to a party is interlocutory, even…