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Clarifying The Scope Of An Auditor's Duty Of Care
Auditors' liability suffered a significant setback late last year with the release of the Supreme Court of Canada's decision in Deloitte & Touche v. Livent Inc. (Receiver of) ("Livent").
Canada
13 Nov 2018
2
SCC Releases Decision In Securities Class Action Trilogy
On December 4, 2015, the Supreme Court of Canada issued its highly anticipated decision in CIBC v. Green, IMAX v. Silver and Celestica v. Trustees of the Millwright Regional Council of Ontario Pension Trust Fund et al.
Canada
11 Dec 2015
3
Changes To The Income Tax Act Place New Risks On Intercorporate Dividends
Intercorporate dividends are traditionally a very common tool for tax planning.
Canada
30 Jul 2015
4
SCC Grants Leave In Class Action Trilogy
On August 7, 2014, the Supreme Court of Canada granted leave in three securities class actions: Canadian Imperial Bank of Commerce et al. v. Howard Green et al., IMAX Corporation et al. v. Marvin Neil Silver et al. and Celestica Inc. et al. v. Trustees of the Millwright Regional Council of Ontario Pension Trust Fund et al. All three appeals will be heard together.
Canada
20 Aug 2014
5
Dealing With Securities Commissions
If you are a director, officer, auditor, or even an employee of a public corporation, one day you could receive an official letter from a Securities Commission.
Canada
20 Mar 2014
6
Ontario Court Of Appeal Rules On Limitation Periods For Securities Class Actions
On February 3, 2014, the Ontario Court of Appeal released Green v. CIBC, which overruled the Court’s previous decision in Sharma v. Timminco Ltd. As determined in Green v. CIBC, a statutory misrepresentation claim is brought within time so long as the action is commenced within the time limits prescribed by the securities legislation.
Canada
16 Feb 2014
7
Registration Under Securities Laws?
A few years back, the National Instrument 31-103 quietly became effective in its current form.
Canada
10 Jul 2013
8
Claim Of Vicarious Liability For Negligent Misstatement, Fraud And Insider Trading Dismissed By Alberta Master
In a case that upholds the Supreme Court of Canada's notion that there is no presumption that the scope of an employee's authority includes the commission of unlawful acts, an Alberta Master has summarily dismissed a case based in vicarious liability.
Canada
5 Jun 2013
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