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The Ties That (May) Bind: ensuring letters of intent do not impose binding obligations on parties

Canada - December 15 2020 Non-binding letters of intent (“LOIs”), which sometime take the form of ‘indicative term sheets’ or ‘memorandums of understanding’, can be useful…

Chrystelle Chevalier-Gagnon, Daryna Kutsyna.

Ontario Ban on the Expiry of Rewards Points Now In Effect

Canada - January 15 2018 On January 1, 2018, new consumer protection regulations came into effect in Ontario that generally prohibit the expiry of royalty or rewards points…

Ana Badour, Lara Nathans.

De-Risking in Financial Services: Perspectives and Implications

USA - August 1 2017 In the past decade, the financial services sector across the globe has experienced increased regulatory scrutiny, particularly in the areas of…

Ana Badour, Arie van Wijngaarden.

Canadian Securities Administrators Publish Report and Guidelines on Social Media Use by Reporting Issuers

Canada - March 15 2017 On March 9, 2016, the Canadian Securities Administrators published CSA Staff Notice 51-348 (the “Notice”) which reports on a study of social media use…

David E. Woollcombe.

Ontario Enacts Ban on the Expiry of Rewards Points

Canada - December 16 2016 On December 6, 2016, Bill 47 - Protecting Rewards Points Act (the “Act”), amending Ontario’s Consumer Protection Act, 2002 (the “CPA”), received Royal…

Ana Badour, James H. Archer, Lara Nathans.