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In this presentation, FMC's Mark Evans discusses the current
issues in the area of Securities Regulation, including whether or
not to settle in the face of civil risk, and the protection
of elderly investors.
Learn more by viewing the Slideshare presentation
below.
FMC is one of Canada's leading business and litigation law
firms with more than 500 lawyers in six full-service offices
located in the country's key business centres. We focus on
providing outstanding service and value to our clients, and we
strive to excel as a workplace of choice for our people. Regardless
of where you choose to do business in Canada, our strong team of
professionals possess knowledge and expertise on regional, national
and cross-border matters. FMC's well-earned reputation for
consistently delivering the highest quality legal services and
counsel to our clients is complemented by an ongoing commitment to
diversity and inclusion to broaden our insight and perspective on
our clients' needs. Visit:
www.fmc-law.com
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The Alberta Court of Appeal recently decided that a corporate director who was found to have made negligent misstatements about the management team’s knowledge, expertise and competence to operate its business, was not personally liable in tort.
As a result of renewed efforts to enforce Canada’s "Corruption of Foreign Public Officials Act" and the most-recent proposed amendments to the Act earlier this year to extend jurisdiction to Canadian corporations’ activities abroad, boards of directors, senior management, and internal auditors have been encouraged to renew their efforts to protect their companies from the legal and reputational risks associated with breaches of our anti-corruption legislation.
The rule in "Re Hastings-Bass", [1975] Ch. 25 (CA), has been understood to permit the court to declare void and set aside the exercise of a discretionary power under a trust.
The Canadian Securities Administrators recently published final amendments to their securities rules that will expand the scope of marketing activities that can be conducted in connection with prospectus offerings.
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.
The Ontario Superior Court of Justice released its judgment in Cornish v. Ontario Securities Commission, on appeal from a decision of the Ontario Securities Commission issued September 28, 2011.
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