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Banking, Bankruptcy & Insolvency

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Friday, May 25, 2018 @ 11:36 AM

Financial Services Regulatory Authority names CEO

Mark White has been appointed as the inaugural chief executive officer of the board of directors of the Financial Services Regulatory Authority (FSRA). ... [read more]

Tuesday, May 08, 2018 @ 12:11 PM

Langlois grows team in Quebec

Langlois lawyers has expanded its Quebec legal team. Sophie Hébert, Xavier Berwald-Grégoire and Mélissa Bazin have joined the Montreal office, while Vincent Tremblay, Marie-Pier Auger and Virginie Beauchemin are now part of the Quebec City operations. ... [read more]

Tuesday, May 01, 2018 @ 9:24 AM

No two-part test required for limitation of liability clauses: B.C. Appeal Court Rob McLennan

The British Columbia Court of Appeal has ruled a lower court judge erred in saying a two-part test is required for determining whether cases involving a limitation of liability clause can be summarily dismissed, a decision the appellant's counsel says provides guidance on how courts should approach such cases. ... [read more]

Wednesday, April 11, 2018 @ 9:29 AM

B.C. Court of Appeal rules against credit unions in overdraft charge class action Paul Bennett

The B.C. Court of Appeal has upheld a class action judgment against a number of British Columbia credit unions, saying charges they levied for overdrafts did not fall under the Criminal Code’s provisions on overdraft charges but were in fact interest. ... [read more]

Wednesday, April 11, 2018 @ 7:12 AM

Judge ‘shocked’ by JDR room full of ‘very large dark men’ does ‘not harbour racist views’: federal judicial council Justice Kristine Eidsvik

An Alberta judge who publicly expressed her “shock” in unexpectedly encountering a judicial dispute resolution room “full of very large dark men” does “not harbour racist views” the Canadian Judicial Council (CJC) states in a decision that critics say fails to adequately address or acknowledge unconscious and systemic racial bias on the federal bench. ... [read more]

Friday, April 06, 2018 @ 12:25 PM

Legal experts welcome B.C. consultation on financial regulation Cristie Ford

The B.C. government is undertaking a review of its legislation surrounding credit unions and insurance companies, and experts are saying change is necessary in order to more closely align policy with modern standards and deal with a lack of oversight in some areas. ... [read more]

Friday, March 23, 2018 @ 1:47 PM

Borden Ladner Gervais expands team

Borden Ladner Gervais LLP has added new partners and associates. ... [read more]

Thursday, March 22, 2018 @ 2:12 PM

New partner for Dunton Rainville

Isabelle Toupin has joined Dunton Rainville as a partner in the firm’s commercial, banking and real estate team. ... [read more]

Thursday, March 22, 2018 @ 9:04 AM

SCC to decide on insolvent companies’ environmental liabilities Redwater

On Feb.15, 2018, the Supreme Court of Canada heard arguments in the much-discussed Redwater case (Orphan Well Association v. Grant Thornton Limited 2017 ABCA 124), which has attracted national interest since it highlights the growing tension between secured lenders and regulators over the issue of environmental liabilities, as court-appointed officers in bankruptcy and insolvency proceedings exercise their powers to disclaim certain assets for the benefit of debtor companies’ stakeholders. ... [read more]

Monday, March 05, 2018 @ 3:09 PM

Blakes launches program for women returning to workforce

Working in partnership with CIBC, Blake, Cassels & Graydon LLP has created an initiative to assist women lawyers resume their careers after a break. ... [read more]