Data Breach: Hackers Are the “Real Villains” & Minimal Harm to the Class

By | Canadian Class Action Defence | September 27, 2016
Data Breach: Hackers Are the “Real Villains” & Minimal Harm to the Class

In a recent development in data breach class actions in Canada, Justice Perell of the Ontario Superior Court of Justice, while approving the class settlement in Lozanski v The Home Depot, Inc., denied payments sought by the representative Plaintiffs (the “Honoraria”) and substantially reduced counsel fees payable pursuant to the settlement.

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Delegated Regulation On RTS On Minimum Set of Information On Financial Contracts

Delegated Regulation On RTS On Minimum Set of Information On Financial Contracts

There has been published in the Official Journal of the EU (OJ) the Commission Delegated Regulation of 7 June 2016 supplementing the Bank Recovery and Resolution Directive with regard to regulatory technical standards specifying a minimum set of the information on financial contracts that should be contained in the detailed records and the circumstances in which the requirement should be imposed.

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