The Long Arm of US Law Grabs Canadian Executive
Ex-Bennett Environmental Inc. executive sentenced to 50 months for fraud and money laundering
Doing business in the US can be very lucrative. But Canadian (and other foreign) companies and their executives that engage in corrupt practices there can expect to face serious penalties there. [more] Full article
Discoverability does not apply to competition claims
The Federal Court has recently ruled that the discoverability rule does not apply to extend the limitation period applicable to private actions launched to recover damages caused by breaches of the Competition Act. [more] Full article
Aggregate Assessment of Damages Allows Certification of Conspiracy Class Actions, Courts Hold
In two recent decisions, the Ontario Superior Court and the British Columbia Court of Appeal relied on the aggregate damages provisions of the Class Proceedings Act in their respective provinces to certify class actions seeking damages for alleged conspiracies to fix prices for hydrogen peroxide and DRAM memory chips. In doing this, both courts side-stepped the requirement in the aggregate damages provisions that liability must be proved before damages can be assessed in the aggregate. A close examination of the decisions suggests, however, that the courts have in effect done away with this statutory requirement. [more] Full article