Business Torts Franchise Securities

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California Bill Would Expand Liability For Securities Fraud, Impose New Fees, Expand Commissioner’s Powers

In late February, Senator Jerry Hill introduced a bill, SB 538, to substantially amend the Franchise Investment Law. A few days later, the bill was read for the first time and set for hearing by the Senate Banking and...more

Sharma v. Timminco Limited - Limiting Suspension under Section 28 of the Class Proceedings Act

I. OVERVIEW A recent decision of the Ontario Court of Appeal in Sharma v. Timminco Limited  (Timminco) suggests that a plaintiff and/or class members in a class action must comply with time-limited leave,...more

Former Chairman of Wm Morrison Supermarkets Plc Fined for Breach of Share Disclosure Rules

On August 16, the UK Financial Services Authority (FSA) announced that it had published a final notice imposing a penalty of £210,000 (approximately $350,000) on Sir Ken Morrison (KM), the former chairman of Wm Morrison...more

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