Senior executives are sometimes indemnified against costs and expenses incurred as a result of legal proceedings that might be brought against such employees.
The British Columbia Supreme Court recently denied certification of a proposed class action regarding the labelling and marketing of vitaminwater® products.
A recent Ontario decision by Justice Perell has analyzed when class members will have waived privilege over solicitor-client communications. The decision emphasizes the breadth of consequences of certification for class members beyond the determination of common issues.
The primary goal for defendants at the outset of a class proceeding is refusal of certification. However, it is important to note that denial of certification under the Class Proceedings Act does not put an end to the case.
Bureau van Dijk, a private business intelligence advisory company, in conjunction with the Alliance of Merger & Acquisition Advisors, recently released its North America M&A Report for Q3 2014 which analyzed North American M&A activity valued at US$5 million to US$500 million for the period of July to September 2014.