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"Best efforts" - "reasonable efforts" - "commercially reasonable efforts" - what do these terms mean?
  • Dentons
  • Canada
  • June 7 2010

Agreements often refer to obligations being performed to a certain standard

Supreme Court clarifies test for personal liability of directors for oppressive conduct
  • Osler Hoskin & Harcourt LLP
  • Canada
  • July 13 2017

In its decision released today in Wilson v Alharayeri (Wilson), the Supreme Court of Canada has affirmed the test (originally articulated by the

Phishing Lures: What To Do If You’ve Taken The Bait - Canadian Version
  • Dickinson Wright
  • Canada
  • June 30 2017

Sometimes, it's easy to know you're being phished. There's little chance that a bank administrator in a country you've never heard of really needs

Supreme Court of Canada reaffirms personal liability for directors in oppression actions
  • Dentons
  • Canada
  • July 17 2017

On July 13, 2017, the Supreme Court of Canada (SCC) unanimously reaffirmed that a corporation’s directors may be personally liable in an oppression

Blaneys Ontario Court of Appeal Summaries
  • Blaney McMurtry LLP
  • Canada
  • July 14 2017

Following are the summaries of civil decisions released this week by the Court of Appeal for Ontario. It was a relatively light week, typical of the

When Can the Director of a Corporation Be Held Personally Liable for Oppression?
  • Torkin Manes LLP
  • Canada
  • July 17 2017

Oppression is a broad and equitable remedy. It allows Courts to rectify unfair or prejudicial behaviour on the part of corporate stakeholders. While

The Supreme Court of Canada rules on the personal liability of directors in the context of the oppression remedy.
  • Fasken Martineau DuMoulin LLP
  • Canada
  • July 17 2017

The Supreme Court of Canada rendered a decision in Wilson v. Alharayeri, in which it discusses situations that could lead to the personal liability

Acquiring contracts in the purchase of a business
  • Clark Wilson LLP
  • Canada
  • May 31 2013

When acquiring a business, often a key component is the contracts to which the company is a party to. Whether they are contracts with customers and

Restructuring & Insolvency: Director and parent company liability in Canada
  • Thornton Grout Finnigan
  • Canada, Global
  • June 15 2017

A structured guide to director and parent company liability in Canada

The 'indoor management rule' explained
  • Dentons
  • Canada
  • April 1 2014

A person dealing with a corporation need not inquire about the formality of the internal proceedings of the corporation, but is entitled to assume that there has been compliance with the articles of association and bylaws