Judicial consideration of class action settlements was a trend we reported on at the end of 2013, and it proved to be a trend yet again in 2014. This year, we saw the courts continue to engage in considerable scrutiny of proposed class action settlements.
On March 22, 2013, the US federal banking agencies (the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency) published interagency guidance on how to engage in leveraged lending activities in a safe and sound manner.
Our Financial Institutions Legal Snapshot blog offers a convenient resource for those keeping track of the evolving financial services regulatory environment in Africa and South Africa specifically.
The identifiable class requirement had become somewhat of an afterthought at the certification motion where the majority of attention was often spent on the common issues and preferable procedure parts of the test.
The Bank of England (BoE) has published a speech given by Mark Carney (Governor of the BoE) entitled The future of financial reform.
Cracking down on cartel offences remains a top priority for the Canadian Competition Bureau, and bid-rigging is no exception. In this article, we look closely at bid-rigging schemes in Canada – from the Bureau’s investigative powers to the penalties and consequences – providing practical information to help you manage your risk.
On April 1, 2014, the Federal Navigation Protection Act, R.S.C. 1985, c. N-22 (the “New Act”) came into force, replacing the Navigable Waters Protection Act (the “Old Act”) and making notable changes to Canada’s regulation of waterways.
\\Communicating privacy practices to users of mobile apps can be challenging, especially given small screen sizes and the difficulty of capturing app user attention.
Class Actions and Consumer Product Settlements: In Canada, the Proof is in (the Receipt for) the Pudding
Consumers don’t keep their receipts. This poses a unique challenge in consumer product class actions, especially when parties seek the Court’s approval of a settlement that requires a receipt as proof of purchase.