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MEGA Brands: BDR rules on insider trading allegations

Canada - October 13 2012 Quebec’s Bureau de décision et de révision (the BDR) recently considered the concept of “privileged information” as defined in Section 5 of the Securities Act (Quebec) (SA) in its decision rejecting the proceedings for alleged insider trading brought by the Autorité des marchés financiers (the AMF) against insiders of MEGA Brands Inc. (the Company).

Christine Dubé.

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.

Catherine Martel.