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More than “lip service” to limited liability: personal liability of directors and causation of damages for misrepresentation to investors
- McCarthy Tétrault LLP
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- Canada
- -
- March 26 2013
Will a director or officer of a corporation or limited liability partnership be personally liable for the losses of investors who relied upon his or
BLG Monthly Update
- Borden Ladner Gervais LLP
- -
- Argentina, Australia, Canada, United Kingdom, USA
- -
- December 19 2012
The BLG Monthly Update is a digest of recent developments in the law which Neil Guthrie, our National Director of Research, thinks you will find
Punitive damages and Ontario’s new secondary market liability regime
- Gowling Lafleur Henderson LLP
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- Canada
- -
- November 30 2012
The Ontario Superior Court of Justice recently considered whether punitive damages against officers and directors were available under Ontario’s new secondary market liability regime
BC Court of Appeal reverses problematic decision on empty voting
- Borden Ladner Gervais LLP
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- Canada
- -
- November 20 2012
Telus wanted to consolidate voting and non-voting shares into a single class
Proxy contests: lessons from 2012 proxy season
- Blake Cassels & Graydon LLP
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- Canada
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- October 23 2012
The 2012 proxy season was an active one in Canada and provided valuable guidance for both issuers and shareholders to consider as the 2013 proxy season approaches
Ontario court armours securities class action defendants against punitive damages
- Stikeman Elliott LLP
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- Canada
- -
- October 5 2012
In a decision released on October 2, 2012 in Frank v Farlie, Turner & Co., LLC, Justice Perell of the Ontario Superior Court of Justice granted three defence motions in a proposed securities class action against certain of the directors, officers and investment bankers of a Florida-based tactical body armour manufacturer, the shares of which formerly traded on the Toronto Stock Exchange
BC court comments on empty voting in context of shareholder requisition
- Stikeman Elliott LLP
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- Canada
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- September 19 2012
In its reason for judgement dated September 11, 2012, the Supreme Court of British Columbia ruled that Telus Corporation was not obliged to hold a shareholder meeting requisitioned by Mason Capital Management LLC on the basis that the requisition for the meeting did not comply with the law
Recent secondary market securities class action decision demonstrates that the leave requirement may have teeth after all
- Osler, Hoskin & Harcourt LLP
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- Canada
- -
- September 18 2012
In an action alleging secondary market misrepresentations brought under Part XXIII.1 of Ontario’s Securities Act, defendants may be reluctant to file extensive evidence in opposition to the leave motion
Court of Appeal reserves judgment on whether beneficial shareholders can exercise dissent rights
- Lawson Lundell LLP
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- Canada
- -
- September 11 2012
On September 7, 2012, the British Columbia Court of Appeal, sitting as the Yukon Court of Appeal, heard the appeal from the Yukon Supreme Court decision in Matre et al v. Crew Gold Corporation, 2011 YKSC 75
Court invalidates voting instructions taken by phone and orders new AGM
- Davies Ward Phillips & Vineberg LLP
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- Canada
- -
- August 14 2012
The Supreme Court of British Columbia has overturned the result of the annual meeting of Mosquito Consolidated Gold Mines Limited (“Mosquito”) and ordered that a new meeting be held
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