Kevin O’Brien

Kevin O’Brien

Osler, Hoskin & Harcourt LLP

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Ontario Court of Appeal Addresses Important Questions for Securities Class Action Claims, Overrules Its Prior Decision Enforcing...

In Green v. CIBC, released on February 3, 2014, a specially convened five-judge panel of the Court of Appeal for Ontario addressed important issues for securities class actions across Canada....more

2/5/2014 - Canada Class Action Ontario Securities Commission Securities Litigation Statute of Limitations

Supreme Court of Canada Modifies Preferability Inquiry in Class Proceedings

In a decision that will affect class proceedings throughout Canada, the Supreme Court of Canada today set out a new approach for the certification of class actions. Specifically, the Supreme Court changed the analysis used to...more

12/13/2013 - Canada Class Action Class Certification Investors Market Timing Ontario Securities Commission SCC

Supreme Court Clarifies Financial Terms Need Not Be Disclosed in Partial Settlements of Multi-party Litigation

In its June 21, 2013 decision in Sable Offshore Energy Inc. v. Ameron International Corp., 2013 SCC 37, the Supreme Court of Canada clarified that the financial terms in partial settlements of multi-party litigation need not...more

6/24/2013 - Canada Disclosure Requirements Multi-Party Litigation Settlement

Class Members in Ontario Securities Action Can Be Bound by Settlement of Parallel U.S. Class Proceeding

An Ontario court has just released a welcome decision for issuers who may find themselves defending parallel securities class actions in multiple jurisdictions. In the decision, the judge held that members of a class...more

3/21/2013 - Canada Class Action Foreign Judgments Jurisdiction Settlement

Five-Judge Panel of Court of Appeal to Consider Limitation Period for Securities Class Actions

The Court of Appeal for Ontario announced this week that it will convene a special five-judge panel to hear appeals considering the statutory limitation period applicable to securities class actions for secondary market...more

2/8/2013 - Appeals Class Action Limitation Periods Misrepresentation Nunc Pro Tunc Ontario Securities Act Secondary Markets

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