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Quebec Court of Appeal rules in Power Corporation du Canada c. Médac

Canada - September 8 2009 In a recent ruling in Power Corporation du Canada c. Mouvement d’éducation et de défense des actionnaires, 2009 QCCA 1627, the Quebec Court of Appeal clarified the scope of the rule set out in section 157 of the Canada Business Corporations Act, R.S.C. 1985, c. C-44 (“CBCA”), that requires a corporation to keep a copy of the financial statements of each of its subsidiaries and sub-subsidiaries at its registered office.

Quebec Court of Appeal rules in Power Corporation du Canada c. Médac

Canada - September 30 2009 In a recent ruling, Power Corporation du Canada c. Mouvement d'éducation et de défense des actionnaires, the Quebec Court of Appeal addressed certain issues related to section 157(1) of the Canada Business Corporations Act ("CBCA") which requires a corporation to keep a copy of the financial statements of each of its direct and indirect subsidiaries at its registered office.

Sophie Melchers.

Product liability: Superior Court refuses authorization for a class action against a drug manufacturer

Canada - August 3 2011 On July 4, 2011, the Quebec Superior Court dismissed a motion filed by Option consommateurs (Petitioner) for authorization to institute a class action against one of our clients, Merck Canada Inc.

National securities regulatory system: Supreme Court hands down its ruling

Canada - December 22 2011 The Supreme Court ruled today that the Canadian Constitution does not authorize Parliament to pass the Proposed Canadian Securities Act as presently drafted.

Vincent Rochette.