Information About The Litigator Live
Recent Posts
Below is a preview of the five most recent posts from the blog The Litigator Live. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Ontario Affirms Gatekeeping Function Of Robust Leave Test For Securities Class Actions
The well-documented barrage of litigation against Montreal-based engineering and construction giant SNC-Lavalin continues. In a recent decision by Justice Perell in Peters v. SNC-Lavalin Group Inc., 2021 ONSC 5021, the Ontario Superior Court of Justice denied leave to commence a secondary market sec … Read more »
- IIROC and MFDA to be Merged into Single Self-Regulatory Organization
Earlier this week, the Canadian Securities Administrators (CSA) announced that Canada’s two pre-eminent investment industry self-regulatory organizations will be merged into a single regulatory organization (SRO). The new SRO, as described in CSA Position Paper 25-404 New Self-Regulatory Organizatio … Read more »
- Supreme Court of Canada restores dismissal of $50 million auditor’s negligence claim due to expired limitation period
In a unanimous decision released this morning in Grant Thornton LLP v. New Brunswick, the Supreme Court of Canada restored a judgment of the New Brunswick Queen’s Bench that dismissed as statute-barred a $50 million claim brought by New Brunswick against accounting firm, Grant Thornton LLP. The clai … Read more »
- Supreme Court of Canada confirms that Releases are interpreted just like any other contract
In a decision released today, July 23, 2021, in Corner Brook (City) v. Bailey, a unanimous Supreme Court of Canada overturned a decision of the Court of Appeal for Newfoundland and Labrador and restored a stay of a third party claim brought against the City of Corner Brook. The stay was granted base … Read more »
- Commercial lease not renewed in time; landlord’s silence as to deadline not bad faith
In Subway Franchise Restaurants of Canada Ltd. v. BMO Life Assurance Company, 2021 ONCA 349 (CanLII), the Court of Appeal for Ontario upheld a decision that rejected Subway’s attempts to have the renewal of its commercial lease recognized as valid. At issue was whether Subway renewed its commercial … Read more »