Curtains for auditor’s arguments at the Court of Appeal in Livent case
January 27th, 2016
Livent Inc. (“Livent”) has prevailed at the Court of Appeal in its auditor’s negligence claim against Deloitte & Touche (“Deloitte”) concerning Deloitte’s failure to detect an accounting fraud carried out by Livent’s senior management. In the result, the trial judge’s $84,750,000.00 damage award (plus interest) was upheld. [more]
Copycat class actions criticized
January 21st, 2016
After the Storm: only CIBC and IMAX class actions survive
December 11th, 2015
Grave Misrepresentation Leads to Injunction
December 10th, 2015
Ontario’s top court affirms denial of leave to amend claim in secondary market misrepresentation class action
December 2nd, 2015
The requirement for leave of the court in order to proceed with secondary market claims under Part XXIII.1 of the Securities Act continues to evolve and be the subject of extensive judicial commentary almost ten years after it came into force. [more]
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