Business Law and Corporate Law

A recent English High Court decision clarifies that investor-appointed directors cannot freely share privileged legal documents with their appointing shareholders without explicit company authorization. This ruling challenges common assumptions about information rights in shareholders' agreements and establishes new boundaries for directors navigating dual loyalties between companies and investors.

Corporate legal departments increasingly use third party platforms and managed billing services to review outside counsel invoices. In many cases, the client selects the system and directs its law firms to submit bills through it. Some of these services now use artificial intelligence, automated review, or a combination of technology and human reviewers to examine individual time entries and recommend billing reductions.

After a trial in 2026, Frank Stronach was found guilty of two sexual offence charges for incidents that had occurred some 40 years earlier. Following the conviction, but before sentencing, one of the complainants had a civil lawyer write to Mr. Stronach’s criminal lawyer to threaten a civil claim for damages of almost $1 million

Delaware's General Corporation Law has undergone three years of significant amendments addressing conflicted transactions, stockholder rights, and corporate governance mechanics. The 2024-2026 changes create new statutory safe harbors, resolve certificate interpretation issues, and respond to Court of Chancery decisions that had disrupted established transactional practices.

On September 11, 2026, the FDIC, Federal Reserve, OCC, and NCUA (together, the “Agencies”) issued proposed third-party risk management guidance (the “TPRM Guidance”) outlining a principles-based approach designed to assist banks and credit unions (together, “institutions”) in tailoring their third-party risk management practices to the risks of individual relationships.

FTC Commissioner Mark Meador advocates for reinvigorating the agency's standalone Section 5 authority to target unfair methods of competition beyond traditional antitrust violations, arguing this broader mandate represents Congress's original intent for the Commission. His remarks reignite longstanding debates over the scope of FTC enforcement powers and whether the agency should pursue conduct affecting nascent competitors even when it falls outside Sherman or Clayton Act violations.

Every Canadian franchise disclosure statute requires that disclosure documents be "accurate, clear and concise," yet many franchisors treat this as mere drafting guidance rather than an enforceable legal standard. This article examines how courts assess disclosure quality in rescission claims and why opacity in franchise documents can transform a sixty-day rescission window into a two-year liability exposure.

Understanding the various methods by which franchise disclosure documents can be legally delivered is crucial for franchisors operating under the Arthur Wishart Act. Jennifer Shayko explores the different delivery mechanisms available and their implications for compliance with Ontario's franchise disclosure requirements.

Ce chapitre fait partie de notre guide Faire des affaires au Canada, qui vise à aider les investisseurs internationaux à mieux comprendre les considérations juridiques, réglementaires et stratégiques...

The Ontario Superior Court's decision in Laberge Gareau v. Laberge Gareau, 2026 ONSC 4669 is a cautionary tale about family farms, informal succession planning, and the legal consequences of putting property in a child's name without fully understanding the legal effect.

When a bank trust department holds shares with sole voting discretion in fiduciary accounts, does this create a control relationship under Regulation W? This analysis explores a critical distinction between Regulation W's fiduciary exemption and the Bank Holding Company Act's control provisions, revealing how trust departments can avoid affiliate relationship complications even when exercising voting power over significant equity positions.

One way to prepare for those circumstances is to hold real estate in a personal trust. For homeowners who already have a trust or are considering one, how the property is titled can have a significant impact on who has the authority to deal with it later.