In its recent decision in Yaiguaje v. Chevron Corporation, the Court of Appeal for Ontario (OCA) reaffirmed the principle of corporate separateness and confirmed the stringent requirements that must be proven in order to...more
On January 20, 2017, in Yaiguaje v. Chevron Corporation, the Ontario Superior Court of Justice (Commercial List) (Court) dismissed the plaintiffs’ action to execute against the shares and assets of Chevron Canada Limited...more
On February 29, 2016, the Ontario Superior Court of Justice released a decision in the ongoing insolvency proceeding of U. S. Steel Canada Inc. (USSC). Two principal issues were addressed by the Court. First, whether amounts...more
The Ontario Superior Court of Justice’s (Court) recent decision in Rahimi v. SouthGobi Resources (Rahimi) confirms that courts will consider and evaluate defences at the leave stage of a statutory secondary market disclosure...more
12/11/2015
/ Burden of Proof ,
Canada ,
Class Action ,
Corporate Officers ,
Defense Strategies ,
Directors ,
Evidence ,
Misrepresentation ,
Ontario Securities Act ,
Personal Liability ,
Supreme Court of Canada
In a much anticipated ruling, the Supreme Court of Canada (SCC) has released its decision in Chevron Corp. v. Yaiguaje, addressing recognition and enforcement of foreign judgments. The SCC unanimously held that for a Canadian...more
The recent decision in Re Conrad M. Black et al. illustrates how the Ontario Securities Commission (OSC) will use its inter-jurisdictional enforcement authority to impose sanctions relating to conduct in other jurisdictions...more
3/12/2015
/ Administrative Authority ,
Canada ,
Conflicts of Interest ,
Corporate Officers ,
Criminal Prosecution ,
Enforcement Actions ,
Fraud ,
Insider Trading ,
International Litigation ,
Jurisdiction ,
Mail Fraud ,
Ontario Securities Commission (OSC) ,
Sanctions ,
Securities Fraud ,
White Collar Crimes