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Wednesday, September 11, 2019 @ 11:39 AM

Ontario fraud office ‘a step in the right direction’: lawyer Eric Brousseau, Ross Barristers

Observers are applauding the Ontario government’s efforts to combat white-collar crime such as securities and real estate fraud, which they say often requires complex resources beyond what traditional law enforcement can muster. ... [read more]

Wednesday, September 11, 2019 @ 10:36 AM

Art as loan collateral: What lenders want art_collection_sm

You are a collector in Canada of Canadian and international art and now have an opportunity to purchase another important artwork for your collection. You do not have ready cash. You do not want to tie up your personal or business credit, since it may be needed for other purposes. You think about whether you can utilize your existing art collection as collateral, normally a non-revenue generating asset.   ... [read more]

Wednesday, September 11, 2019 @ 8:57 AM

OSC whistleblower program report card whistle_blower_sm

In July 2016, the Ontario Securities Commission (OSC) launched the first program in Canada to provide compensation to whistleblowers for confidential tips that result in successful prosecution of individuals engaged in corporate misconduct. This article provides key program updates that have occurred since February 2018 and our views on the potential challenges faced by the program in evaluating its success. ... [read more]

Tuesday, September 10, 2019 @ 3:25 PM

Access to justice fund named after former chief justice McLachlin launched

A new fund created to honour the legacy of Canada’s longest-serving chief justice, Beverley McLachlin, was launched on Sept. 10. ... [read more]

Tuesday, September 10, 2019 @ 1:20 PM

Railway loses battle over liability in Quebec Appeal Court ruling Jean-Marie Fontaine

In a setback for the rail industry, Canadian railways will unlikely be able to strike confidential agreements to ship goods that exclude liability or limit them to trivial amounts if damage or loss is sustained, following a recent Quebec Court of Appeal ruling. ... [read more]

Tuesday, September 10, 2019 @ 11:50 AM

In Callidus Capital, SCC looks at litigation funding | Julius Melnitzer

With the Supreme Court of Canada’s decision to hear the appeal in 9354-9186 Québec inc., et al. v. Callidus Capital Corporation 2018 QCCA 632, litigation funding will for the first time be front and centre at the high court. ... [read more]

Tuesday, September 10, 2019 @ 9:16 AM

‘Absurd consequences’ if government position on restructuring prevailed, Alberta Appeal Court says Geoffrey Loomer, University of Victoria faculty of law

A majority on the Alberta Court of Appeal has ruled that remittances to the federal government don’t take ultimate priority over payments to a court-appointed monitor and others in a business restructuring case, but a legal expert is saying the decision raises questions of statutory interpretation that could find their way to the Supreme Court. ... [read more]

Monday, September 09, 2019 @ 2:05 PM

Naymark Law adds associate

Naymark Law announced that Jamie Gibson has joined the firm as an associate. ... [read more]

Friday, September 06, 2019 @ 4:20 PM

The Friday Brief: Editor-in-Chief’s must-read items from this week The Friday Brief

Stepping in for the Managing Editor, here are my picks for the top stories we published this week. ... [read more]

Friday, September 06, 2019 @ 9:27 AM

Senate report on charitable sector: Building strength charity_report_sm

On Jan. 30, 2018, the Special Senate Committee on the Charitable Sector met and consulted with stakeholders in the charitable and not-for-profit community. It was carrying out its mandate to “examine the impact of federal and provincial laws and policies governing charities, non-profit organizations, foundations, and other similar groups; and to examine the impact of the voluntary sector in Canada.” ... [read more]