Contracting Out of Accountability? When Crypto Meets Canadian Courtroom Control
In a decisive ruling, Lochan v Binance Holdings Ltd., the Ontario Superior Court reinforced its judicial authority over global arbitration forums, and granted an anti-suit injunction to stop Hong Kong arbitration proceedings that an affiliate of the defendants to an Ontario class action commenced against the representative plaintiffs. This decision underlines the Court’s distaste for the use of arbitration clauses to foreclose plaintiffs from pursuing their claims by trying to force them to bring costly and difficult arbitration proceedings in a foreign jurisdiction and foreclose access to justice through class proceedings. In the words of Justice Morgan: “The pending arbitration ... [more]
Court of Appeal declines to enforce jurisdiction clause
Developments
Greenwashing Provisions Repealed: A Short-Lived Chapter in Competition Law
Well, that didn’t last long. Just months after the Competition Act was amended to require ... [more]
From Funnel Cakes to Food Apps: Competition Bureau Takes Aim at Drip Pricing
The Canadian Competition Bureau has launched two separate legal actions against major companies for allegedly ... [more]
AGM remembers The Honourable Roy McMurtry, K.C., 1932 – 2024
The lawyers and staff of Affleck Greene McMurtry LLP send our condolences to the family ... [more]
It has a name! New Self-Regulatory Organization (finally) announces its new name
On January 1, 2023, the amalgamation of investment industry self-regulatory organizations, the Investment Industry Regulatory ... [more]
More Developments
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