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Banking, Bankruptcy & Insolvency

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Thursday, February 25, 2021 @ 9:34 AM

Class actions filed against banks for alleged unjust enrichment, misselling Gail Henderson, Queen’s University

The business practices of two major Canadian financial institutions are under scrutiny as class actions alleging unjust enrichment surrounding the management of a mutual fund and misrepresentation in sales practices weave their way through the courts. ... [read more]

Monday, February 22, 2021 @ 2:00 PM

Time to update Alberta law on secured transactions, legal reform institute says Roderick Wood, F.R. (Dick) Matthews Q.C. Professor of Business Law, University of Alberta

An Alberta legal reform institute is calling on the provincial government to amend its legislation governing personal property security transactions, saying the law is out of date and needs to take into account the sweeping effect electronic commerce has had over the past 30 years. ... [read more]

Friday, February 19, 2021 @ 10:01 AM

No turning back from pandemic’s changes to justice system: CBA report CBA president Brad Regehr

When transmitting the first message to officially open the Baltimore to Washington telegraph line, Samuel Morse included a simple statement: “what hath God wrought?” The same question has likely passed through the minds of many people over the past year as the COVID-19 pandemic shuttered businesses and schools and forced many people into makeshift home offices. Canada’s justice system has not been immune from that change, with trials moving online and lawyers filing their documents electronically. And now the Canadian Bar Association (CBA) says it is time to make many of those changes permanent. ... [read more]

Thursday, February 11, 2021 @ 1:29 PM

New partner for WeirFoulds’ insolvency, bankruptcy practice group

WeirFoulds announced that Wojtek Jaskiewicz has joined the firm as a partner in its insolvency and bankruptcy practice group. ... [read more]

Wednesday, February 10, 2021 @ 12:54 PM

Former Supreme Court justice named honorary member of insolvency institute

Woods announced that senior counsel Clément Gascon has been named an honorary member of the Insolvency Institute of Canada (ICC). ... [read more]

Tuesday, January 26, 2021 @ 3:29 PM

East Coast court adjusting for rise in commercial bankruptcies

A Nova Scotia court is making changes in anticipation of a spike in commercial bankruptcy and insolvency caused by the COVID-19 health crisis. According to a Jan. 25 notice to the profession, the Supreme Court of Nova Scotia General Division has unveiled a new process for scheduling such matters in the provincial capital of Halifax. ... [read more]

Friday, January 22, 2021 @ 9:17 AM

Bank of Canada projects short-term pain, long-term gain for economy in 2021

Canada’s central bank is holding interest rates steady and projecting economic growth to increase in the latter part of 2021 as vaccines and lockdowns begin to bring the number of COVID-19 cases down, but is also warning that in the short term the pandemic will continue to be a burden on employers in industries such as restaurants and hotels. ... [read more]

Wednesday, January 13, 2021 @ 9:22 AM

Dickinson Wright promotes Toronto partner

Dickinson Wright LLP announced the election of Robert Farmer as a new partner of the firm’s Toronto office, effective Jan. 1, 2021. ... [read more]

Tuesday, January 05, 2021 @ 12:44 PM

DLA Piper announces new Edmonton partner

DLA Piper (Canada) LLP announced that Jerritt R. Pawlyk has joined the ‎firm as a partner in the Edmonton office. ... [read more]

Monday, December 14, 2020 @ 9:39 AM

Dentons partner appointed as lead of Toronto banking and finance group

Dentons announced that it has appointed partner Ryan Middleton as practice group lead of its banking and finance group in Toronto. ... [read more]