Supreme Court of Canada clarifies when fraud by senior management will be attributed to a corporation
In Aquino v. Bondfield Construction Co. 2024 SCC 31, the Supreme Court of Canada provided clarity about when fraud by a corporation’s directing mind can be attributed to the corporation. Early last year, The Litigator reported that the Supreme Court had granted leave to appeal the Ontario Court of Appeal’s decision that fraudulent transfers to a directing mind were done to evade creditors (2022 ONCA 202). The Supreme Court of Canada essentially agreed with the decisions below, and clarified the test for when fraud can be attributed to a corporation. Aquino had been taking millions of dollars from his two ... [more]
The Supreme Court of Canada Provides Guidance on Interpreting Exclusion Clauses
- Non-Competition Agreement in Dental Practice Sale is Enforceable: Court of Appeal for Ontario Provides Something to Chew On
- Ontario Court of Appeal Confirms that Refusal to Comply with Vaccination Policy Amounts to Frustration of Contract
- Ontario’s Top Court upholds decision significantly limiting proposed securities class action against Barrick Gold
- B.C. Court of Appeal confirms that secretly recording conversations with Co-workers can be just cause for dismissal
Developments
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]
MFDA and IIROC Members vote to amalgamate and form “New SRO”
In a vote held on September 29, 2022, members of the Mutual Fund Dealers Association ... [more]
Supreme Court of Canada clarifies courts have an obligation to follow decisions of courts at the same level in most cases
The Supreme Court of Canada released a decision today (R. v. Sullivan 2022 SCC 19) ... [more]
More Developments
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