Competition Bureau promises greater transparency in merger review
On February 6, 2012, the Competition Bureau announced that it would start publishing monthly reports of concluded merger reviews. The reports will include the names of the parties, the industry sector involved, and the result of the Bureau's review. The Bureau has even published a sample report involving a fictitious transaction. [more] Full article
Norwich orders: Recent developments in the right to pre-action discovery in Ontario
Two recent Ontario decisions, GEA Group AG v. Ventura Group Co. and York University v. Bell Canada Enterprises and Rogers Communications Inc. have clarified the circumstances under which courts should grant the extraordinary equitable remedy of pre-action discovery, commonly known as a Norwich order. [more] Full article
Recent Ontario cases highlight the scope of the oppression remedy – and its limitations
While the corporate oppression remedy is a broad remedy that can provide relief to a wide range of shareholders and certain other stakeholders harmed when a corporation is run contrary to their reasonable expectations, it will not provide relief to arm’s length contracting parties who later find that their contract does not give them the protection they want. [more] Full article
Whose book of business is it, anyway?
Confusion reigns on “ownership” of investment firm clients
There are few, if any, legal issues affecting the investment industry that are more cloudy and less certain than whether investment firm clients belong to the investment advisor or to ... [more] Full article