This week at the SCC
This week, the Supreme Court of Canada will hear six appeals, including the highly anticipated trilogy on limitation periods for securities class actions, as well as a language-rights case emanating...
View ArticleFinkelstein decision lays out roadmap for OSC prosecutors
Yesterday’s decision by the Ontario Securities Commission against former deals lawyer Mitchell Finkelstein for insider tipping gives staff prosecutors a clear roadmap for proving these sorts of cases...
View ArticleUnique harm needed to pursue oppression claim
When directors of a corporation in which you hold shares act against your interests, it might feel personal. But unless the harm done was unique to you and you alone, you may not pursue an oppression...
View ArticleLawyer’s steep fine for insider tipping part of bigger trend
The sanctions levied against a former Bay Street lawyer for insider tipping are part of a bigger trend of awarding higher penalties for securities transgressions, a Toronto lawyer says. This week, a...
View ArticleWomen on Alberta boards on the rise
A report from the University of Calgary and Alberta Securities Commission shows the number of women on boards in that province is on the rise, but the oil patch has a long way to go compared to other...
View ArticleLawyer concerned about blindside allegations under OSC whistleblower program
Securities litigators are expressing concerns about the Ontario Securities Commission’s newly released whistleblower policy that they believe could lead employees, officers, and even legal advisers to...
View ArticleSCC dismisses two of three in ‘limitation period’ trilogy
In the widely anticipated class action trilogy appeal, the Supreme Court of Canada today reaffirmed the low threshold for certifying class actions in Canada and found that courts were free to backdate...
View ArticleSecurities reform heats up
Canadian securities lawyers were busy during the holiday season responding to the federal government’s draft regulations for the co-operative capital markets regulatory system, which was released in...
View ArticleOntario Court of Appeal throws out Silvercorp class action appeal
While a securities class action lawsuit concerning a Canadian mining company paid out millions in the United States, its counterpart in Ontario could not get off the ground. The Ontario Court of Appeal...
View ArticleBLG hires former CBC GC as strategic adviser
Borden Ladner Gervais LLP has nabbed the former general counsel at CBC as strategic adviser and counsel in its securities and capital markets group. Maryse Bertrand was general counsel and vice...
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