Business Law and Corporate Law

The Michigan Supreme Court's decision in Attorney General v. Eli Lilly fundamentally reshapes consumer protection law by overturning decades of precedent that shielded regulated businesses from liability. What does this landmark ruling mean for businesses that previously relied on regulatory compliance as a defense against consumer protection claims, and how must companies now navigate the intersection of industry-specific regulations and broader consumer protection requirements?

HMRC has extended its Structured Risk Review process to charities, introducing comprehensive scrutiny across all operational aspects including governance, fundraising, and subsidiary relationships. The review process involves extensive documentation requests and can result in penalties up to 100% of tax liability for identified errors. Charities must maintain robust tax compliance and governance practices as the SRR cannot be adequately prepared for at short notice.

Clark Wilson LLP has been recognized by the Access Pro Bono Society of British Columbia for their ongoing dedication to providing legal services that improve access to justice. The firm's commitment demonstrates their role in supporting underserved communities through volunteer legal work.

The SEC has proposed Regulation E-Delivery, which would fundamentally transform how issuers, broker-dealers, investment companies, and investment advisers deliver required information to investors by making electronic delivery the default method. This shift from the current opt-in framework to an opt-out model would supersede decades of existing guidance while introducing new compliance requirements for covered entities.

The SEC has launched a specialized enforcement unit targeting accounting professionals while simultaneously proposing to reduce mandatory interim reporting frequency. This creates a complex regulatory environment where heightened scrutiny of auditors coincides with fewer opportunities for interim financial review, raising critical questions about disclosure timing, audit committee oversight, and enforcement risk.

Debt-for-equity (D4E) exchanges can be part of a structure in a tax-free spin-off transaction. If structured successfully within the confines of commercial, tax, legal and regulatory parameters, D4E exchanges enable a parent company (ParentCo) to complete the spin-off of an entity (SpinCo) on a tax-free basis and de-lever.

The ICC International Court of Arbitration has reached a historic milestone with its 30,000th case registration in 2025, while simultaneously introducing groundbreaking rule changes that eliminate mandatory terms of reference for the first time in over a century. What do these developments mean for the future of international arbitration, and how are gender diversity initiatives reshaping the composition of arbitral tribunals?

Partner Heather Barnhouse sits down with Rachel Mielke, founder and CEO of Hillberg & Berk, to discuss her journey from designing jewelry at her kitchen table in Regina to building a nationally recognized Canadian brand.

A divided Eleventh Circuit panel has affirmed a preliminary injunction blocking Florida's Stop WOKE Act from restricting classroom instruction at public universities, finding the law's viewpoint-based limitations likely violate the First Amendment. The court rejected Florida's argument that professors' classroom speech constitutes government speech subject to unrestricted state control, instead emphasizing the special constitutional status of academic freedom and open inquiry in higher education. While the

L’étude 2026 de Fasken sur l’information relative aux facteurs ESG met en lumière comment les sociétés canadiennes renforcent leurs pratiques en matière de durabilité, améliorent la transparence et répondent aux attentes changeantes des parties prenantes. Cette étude, qui porte sur 100 sociétés cotées à la Bourse de Toronto, peut vous aider à savoir où se situe votre organisation et à prendre des décisions plus éclairées concernant les priorités environnementales, sociales et de gouvernance (ESG) émergentes.

On July 31, 2026, the Board of Governors of the Federal Reserve System (the “Board”) proposed the most significant updates to insider lending restrictions for banks in more than three decades (“Proposed Rule”). If finalized, the amendments to Regulation O would, among other things, modernize long-outdated dollar thresholds, codify significant staff interpretations and statutory provisions, and provide targeted relief for banks which have passive investment funds as “principal shareholders” (10% or more of a class of voting shares).

The UK Supreme Court's decision in Saxon Woods clarifies that directors cannot justify covert or disloyal conduct simply by claiming they sincerely believed they were acting in the company's best interests. This landmark ruling examines the boundaries of the duty to act in good faith, establishing that while business judgment remains protected, the means by which directors pursue their objectives must meet objective standards of loyalty and transparency.