Matthew Fleming

Matthew Fleming

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Green v. CIBC: Court Of Appeal Revisits Limitation Period For Secondary Market Securities Class Actions And Limits Common Law...

Overview - The Court of Appeal for Ontario’s recent decision in Green v. Canadian Imperial Bank of Commerce(“Green”) is significant in two respects. First, the Court clarified the limitation period applicable to...more

2/12/2014 - Canada CIBC Class Action Fraud-on-the-Market Limitation Periods Misrepresentation Negligent Misrepresentation Secondary Markets Securities Securities Fraud Securities Litigation Sharma v Timminco

Court Invalidates Director Elections Due To Voting Instructions Provided By Telephone

In a recent decision,the Supreme Court of British Columbia set aside and declared invalid an annual general meeting of shareholders and the resolutions passed at the meeting following a proxy fight between management and...more

4/11/2013 - Canada Proxy Contests Proxy Voting Guidelines Shareholder Votes Shareholders

Insurance Policy Interpreted In Officers’ Favour

In certain circumstances, directors and officers may find that their claims for indemnification under a directors’ and officers’ insurance policy have been denied by the insurance company as a result of various exclusions...more

4/5/2013 - Canada Exclusionary Clauses Indemnification Indemnity Insurance

Directors Owe No Duty To Foreign Residents

Originally Published in Legal Alert, Vol. 31, No. 5. Directors of Canadian companies with operations outside of Canada can take comfort in the Ontario Court of Appeal’s recent decision in Piedra v. Copper Mesa Mining...more

3/15/2013 - Board of Directors Canada Duty of Care Foreign Nationals Mining Negligent Supervision

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