In Filion v. Québec (Procureure générale), the Québec Court of Appeal overturned a decision of the Superior Court which held that “Non-Registered” class members were not clients of Plaintiffs’ counsel.
We are on the cusp of a new era in the evolution of the financial services industry.
Being named as a defendant in a class action is often one of the most significant (and traumatic) events an organization can face.
On May 6, 2015, the Superintendent of the New York State Department of Financial Services (DFS) authorized itBit Trust Company LLC (“itBit”) to engage in the business of a limited purpose trust company and to act as a virtual currency exchange.
Car Infotainment Systems, Fitness Trackers the Focus of Forthcoming Privacy Studies by Canadian Government
This week the Office of the Privacy Commissioner (OPC) announced $440,000 in funding for nine new privacy research projects that will explore emerging and evolving privacy issues.
About a year ago, we wrote about the ability of plaintiffs to revise an unsuccessful certification motion on appeal.
The Nova Scotia Court of Appeal’s recent decision in BCE Inc. v. Gillis permanently and unconditionally stayed a class proceeding that had laid dormant for over a decade as the plaintiffs pursued a class proceeding in Saskatchewan.
On April 9, 2015, the Federal Reserve Board announced that it was broadening the applicability of its policy on the formation and expansion of small bank holding companies from $500 million in total consolidated assets to $1 billion, and extending the policy to savings and loan holding companies.
One Million Dollar Fine Confirms the Shift of Corporate Criminal Liability from the Boardroom to the Middle Managers
On April 17, 2015, Justice Tôth of the Quebec Superior Court imposed a one million dollar fine on a corporation found guilty of price fixing in the case of R. c. Pétroles Global inc (“Global Fuels“).