Bureau clears RBC’s acquisition of Ally Canada
The Bureau will not challenge Royal Bank of Canada’s acquisition of Ally Credit Canada Limited, ResMor Trust Company, and certain Canadian affiliates. The transaction involves Ally Canada’s business in consumer and commercial automobile financing and personal banking. The Bureau’s review focused on various product markets including, indirect consumer automobile financing; subvention financing; floor plan financing; personal core deposits; and Guaranteed Investment Certificates. The Bureau concluded that competition would not be substantially lessened or prevented, in part, because RBC’s post-transaction market shares in the relevant markets would be modest. Read the Bureau’s press release. [more] Full article
Bureau to use compulsory evidence gathering powers first, Pecman says
The Competition Bureau’s first course of action will be to seek legally binding section 11 orders for production of documents from targets of civil inquiries (other than mergers), instead of ... [more] Full article
UCDA and IBC reach settlement
The Used Car Dealers Association of Ontario and the Insurance Bureau of Canada have settled UCDA’s refusal to deal case. UCDA is a trade association representing 4,500 Ontario car dealers. ... [more] Full article
Alberta company charged with foreign corruption
Alberta-based Griffiths Energy International Inc. has been charged with violating the Corruption of Foreign Public Officials Act. In November 2011, the company’s new management discovered that the former management had ... [more] Full article
Developments Contributors
Michael Binetti
Michael Binetti, a partner of the firm, brings a proven litigation background plus extensive experience in arguing both trials and appeals. He has demonstrated his strategic legal capability and expertise in wide-ranging areas of litigation. Michael’s peers and clients have commented that Michael is an “excellent and creative lawyer,” “finds unique solutions to complex problems,” and that “Michael gets it and knows how to win.”
Kenneth A. Dekker
Kenneth Dekker, a partner of the firm, is a successful trial and appellate lawyer who is valued by his clients as a resourceful and practical litigation counsel. Over more than two decades, Ken has litigated noteworthy cases in a range of fields that include class action defence, securities and broker-dealer litigation and regulatory defence, corporate and shareholder disputes (including oppression and winding up cases), defamation, civil fraud litigation, disputes over contracts, injunctions, professional liability litigation, employment litigation and cross-border litigation issues. Ken has appeared before all levels of courts in Ontario, including the Ontario Court of Justice, the Superior Court of Justice, the Divisional Court and the Court of Appeal for Ontario, as well as before the Supreme Court of Canada. Ken also represents and advises clients in regulatory matters before the Investment Industry Organization of Canada (IIROC), the Mutual Fund Dealers Association of Canada (MFDA) and the Ontario Securities Commission (OSC). Ken has been ranked as Repeatedly Recommended for Securities Litigation by Lexpert, for Corporate and Commercial Litigation by Best Lawyers of Canada, and he has been given the highest available rating of AV, or pre-eminent, by his peers on Martindale-Hubbell.
Meredith Hayward
Meredith has earned an impressive reputation for her skill and abilities in Commercial Litigation and Administrative Law, appearing at all levels of court in Ontario, before the British Columbia Court of Appeal, and before the Supreme Court of Canada.
Masiel A. Matus
Masiel has a broad commercial litigation practice and represents both national and international clients in a variety of complex matters. Masiel has experience litigating cases involving professional negligence, commercial leasing and real property disputes, insurance, contract disputes, shareholder disputes, fraud, breach of fiduciary duty, breach of trust, employment matters and defamation claims.
David N. Vaillancourt
David's practice expertise focuses on all matters of Commercial and Civil Litigation, Competition and Administrative Law. David has acted for clients in a wide range of disputes, including shareholder and partnership disputes, securities litigation, class action defence, proceedings under the Competition Act, employment law disputes, contract disputes, breach of confidence/intellectual property disputes, fidelity bond claims, and professional negligence claims. David has appeared before all levels of court in Ontario, including the Court of Appeal for Ontario, and has also appeared before the Competition Tribunal and the Federal Court of Appeal. David has appeared as lead counsel in numerous trials, hearings, and motions. David has been successful in numerous adversarial proceedings, and also has successfully negotiated the resolution of dozens of cases.
