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Class members in Ontario securities action can be bound by settlement of parallel U.S. class proceeding

  • Osler, Hoskin & Harcourt LLP
  • -
  • Canada
  • -
  • March 20 2013

An Ontario court has just released a welcome decision for issuers who may find themselves defending parallel securities class actions in multiple

Statements of defence required in advance of certification in sino-forest class proceeding

  • Osler, Hoskin & Harcourt LLP
  • -
  • Canada
  • -
  • April 3 2012

In the recent Trustees of the Labourers’ Pension Fund et al. v. Sino-Forest decision released March 26, 2012 Justice Perell affirmed his earlier reasoning in Pennyfeather v. Timminco by requiring the delivery of statements of defence before the certification hearing