Focus On

Business of Law

Latest

Monday, May 16, 2022 @ 11:20 AM

Two LSO benchers to vie for treasurer in June 15 election

The Law Society of Ontario (LSO) announced that at the close of nominations on May 12, Philip Horgan and Jacqueline Horvat have been nominated for the office of treasurer for the 2022-23 term commencing June 28. ... [read more]

Friday, May 13, 2022 @ 5:36 PM

Environmental company’s claim for contempt of judgment over patent infringement is dismissed

An environmental company’s claim that its rival was in contempt of a court judgment after it failed to adhere to an injunction against patent infringement has been dismissed by the Federal Court. ... [read more]

Thursday, May 12, 2022 @ 10:52 AM

To collect or not to collect Canada Pension at 65, that is the question Money Scales

Once you reach a certain age, lawyers contemplating joining the great retirement gravitation have to ask themselves the most existential of all questions, when should I start taking the Canadian Pension Plan? ... [read more]

Wednesday, May 11, 2022 @ 5:06 PM

Financier gets jail time, ordered to pay $4.8 million by Ontario Securities Commission

A former fund industry executive has been given a prison sentence and ordered to pay restitution of more than $4.8 million for fraudulently and illegally trading and marketing securities, the Ontario Securities Commission (OSC) has said. ... [read more]

Wednesday, May 11, 2022 @ 3:04 PM

Businessman ordered to pay damages for anticipatory breach of purchase and sale agreement

The Ontario Superior Court of Justice has ordered that a businessman who breached a purchase sale agreement to buy a fastener manufacturing company must pay $39,839 in damages. ... [read more]

Wednesday, May 11, 2022 @ 1:43 PM

Role of artificial intelligence for everyday business Airbot

Robert Kepes, a principal of Morris Kepes Winters LLP which is a boutique firm at 390 Bay St. in the middle of Toronto’s financial district, says he is seeing increased traffic nowadays as people gradually return to the office. He and his two partners are now back on-site on a full-time basis, but he says the building which is home to many law firms remains by his estimation about three-quarters empty. ... [read more]

Tuesday, May 10, 2022 @ 1:56 PM

Toronto-Dominion Bank’s motion for summary judgment in proposed class action is dismissed

The Toronto-Dominion Bank’s summary judgment motion against a former customer who accused TD of using false, misleading and deceptive representations concerning its non-sufficient funds (NSF) fees has been dismissed by the Ontario Superior Court of Justice. ... [read more]

Monday, May 09, 2022 @ 9:23 AM

Advance payments under fixed fee agreements part of lawyers’ trust funds: B.C. Court of Appeal

B.C.’s top court has ruled against a lawyer who was involved in a conflict with the provincial law society over her trust funds, saying even advance payments under fixed fee agreements with clients fell into the definition of “trust funds” in law society rules. ... [read more]

Friday, May 06, 2022 @ 4:50 PM

B.C. appellate court grants appeal to bankruptcy trustee

A trustee bankruptcy who appealed an order concerning payment of fees will be required to apply for leave of the court as matter of public interest but will not require leave to appeal a cross-claim civil action against the respondent parties, British Columbia’s top court has determined. ... [read more]

Friday, May 06, 2022 @ 12:47 PM

Paralegal motion to have AG take control of legal services denied spot at LSO annual meeting Marshall Yarmus, paralegal

A motion requesting the Law Society of Ontario (LSO) ask “the Attorney General to immediately assume regulatory control of the practice of law and provision of legal services” in Ontario has been denied a place on the annual general meeting’s (AGM) agenda. However, the paralegals who brought the motion plan to bring the issue up from the floor the night of the meeting either way. ... [read more]