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Banking, Bankruptcy & Insolvency

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Monday, February 24, 2020 @ 9:52 AM

Banking associate joins Torkin Manes

Torkin Manes announced that Emer Kelly has joined the firm as an associate in its banking and financial services group. ... [read more]

Friday, February 21, 2020 @ 1:15 PM

Tyr LLP adds banking associate

Tyr LLP announced that Judith Manger has joined the firm as an associate. ... [read more]

Thursday, February 20, 2020 @ 3:28 PM

Dealing with orphan oil and gas wells both a political and legal problem, experts say Alastair Lucas, University of Calgary

A potential crisis looms over Alberta’s energy sector, which is largely separate from the fallout if major projects such as Trans Mountain expansion do not go forward. ... [read more]

Thursday, January 30, 2020 @ 12:42 PM

Evolution of corporate purpose post-2019 Arrowroutes

The identification of what a corporation’s purpose is one that has recently been shifting, in both judicial decisions as well as within the business community. In the non-legal sphere, an example of this shift can be seen in the 2019 release of the Business Roundtable’s statement of principles on corporate governance. ... [read more]

Thursday, January 30, 2020 @ 9:37 AM

Bankruptcy law doesn’t exist to protect debtors’ fraudulent conduct, judge rules

A judge has determined a securities penalty imposed against an Alberta man still has to be paid despite his emerging from bankruptcy, a decision the lawyer for the provincial securities commission is calling a first in Canada. The decision in Alberta Securities Commission v. Hennig 2020 ABQB 48 has its genesis in a June 2008 ruling by a panel of the Alberta Securities Commission (ASC) ... [read more]

Thursday, January 09, 2020 @ 8:58 AM

Bennett Jones adds two Toronto partners

Bennett Jones LLP announced that John Teolis and Suzana Lobo have joined the firm as partners in Toronto. ... [read more]

Thursday, December 19, 2019 @ 2:37 PM - Last Updated: Friday, December 20, 2019 @ 11:06 AM

SCC rewrites standard of review framework for administrative law in landmark trilogy Aubin Calvert

In a bid to enhance clarity, predictability and access to justice in a muddled area of law that impacts many Canadians, seven of nine judges of the Supreme Court of Canada have collaborated to devise a new standard of review framework which emphasizes that courts should presumptively exercise deference when overseeing administrative decision makers, while also retaining “limited” scope for correctness review. ... [read more]

Thursday, December 19, 2019 @ 8:43 AM

Financial regulator reveals updated rules on liquidity for banks, trust companies Cristie Ford, UBC School of Law

The body that regulates financial institutions in Canada has issued updated rules aimed at ensuring banks and trust companies have a plan in place to raise enough cash to meet their commitments and reduce losses in the face of market pressures. ... [read more]

Wednesday, December 18, 2019 @ 8:33 AM

Law societies adopting rules to fight money-laundering clients Leah_Kosokowsky_sm

The new year will bring new rules for Manitoba’s lawyers and many of their peers across the country when it comes to safeguarding themselves against being unwittingly used in money laundering schemes. ... [read more]

Monday, December 16, 2019 @ 8:54 AM

New partner, two new associates for Lerners

Lerners LLP announced that Anna Matas has been made partner and associates Émilie-Anne Puckering and Mark Evans have joined the firm. ... [read more]