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By Kashif Zaman
The Ontario Personal Property Security Act (PPSA) currently does not allow cash collateral to be perfected by "control."
By Kashif Zaman
The offer of rewards points (either through credit card spending or other loyalty programs) has become so ubiquitous in consumer businesses that there are hardly any companies of any significant size...
By Osler's Tax Group
On November 24, 2016, the OECD released a multilateral convention (the multilateral instrument or MLI together with a detailed Explanatory Statement.
By Christopher Naudie, Sylvain Lussier, Ad.E., Jessica Harding
As a result of Canada's federal system, it is common for a defendant to face multiple class proceedings filed in various provinces in respect of a public incident.
By Kevin O'Brien, Lauren Harper (Articling Student)
In its recent decision in Rougemount Capital Inc. v. Computer Associates International Inc., 2016 ONCA 847, the Court of Appeal for Ontario helpfully clarified that, absent special circumstances...
By Kelly Moffatt, Nicolas Nadeau Ouellet, Alexandre Fallon, Juliette Cong Liu (Articling Student), Francois Laurin-Pratte
As first reported in our May 2016 Update, the amendments come after many years of attempts by the Office québécois de la langue française to require retailers to use French on exterior store signage.
By Roger Gillott, Ethan McCarthy, Richard Wong
The long-awaited report (the Report) on potential amendments to the Construction Lien Act (the CLA), which was commissioned by the Ontario Ministry of the Attorney General (the Ministry),
By Anna Zalewski, Eleanor Vaughan
On November 16th, the Ontario government introduced draft framework legislation to establish a new financial services and pensions regulator, the Financial Services Regulatory Authority Act, 2016...
By Jeremy Fraiberg, Douglas Marshall, Douglas Bryce, Emmanuel Pressman
It is also accepted practice in Canada that there is no need per se for a second, fixed fee "independent" fairness opinion where the financial advisor providing the fairness opinion also receives a success fee.
By Lawrence Ritchie, Lauren Harper (Articling Student)
In October 2016, the U.S. SEC announced Ernst & Young LLP agreed to pay $11.8 million to settle SEC allegations related to failed audits at oil services company Weatherford International PLC.
By Jason Comerford, Andrew MacDougall, Robert Lando
The proposed changes could make it easier and less costly for dissident candidates to be elected to corporate boards, which could have ripple effects on corporate governance practices...
By Éric Préfontaine, Francois Laurin-Pratte, Gillian Scott
In the case Cantin c. Ameublements Tanguay inc., 2016 QCCS 4546 (the "Cantin Case"), the Superior Court of Quebec granted authorization of a proposed class action by consumers against various respondents...
By Mark Gelowitz
In its decision in Richmond Hill (Town) v Elginbay Corporation, 2016 ONSC 5560 the Ontario Divisional Court noted that in order for a tribunal's statutory interpretation to be entitled to deference...
By Anna Zalewski, Eleanor Vaughan
The direction of pensions law in Ontario just became a little clearer. In its Fall Economic Statement released on November 14, 2016, the Government of Ontario outlined a number of existing and new initiatives...
By Lori Stein, Natalie Livshitz
On November 5, 2016, the United States Department of Labour's Fiduciary Rule for retirement accounts survived the first of a series of legal challenges at U.S. District Court in California.
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