An action for breach of fiduciary duty and unjust enrichment against the Ontario Municipal Employ-ees Retirement System, which is one of Canada’s largest pension plans, two related companies and three former directors is on again following a recent Ontario Court of Appeal decision.With this latest ruling, the OCA overturned a previous court order to strike […]
Portfolio manager’s conduct assessed on whether investments are made according to model portfolio
New CSA rule compels the parties involved in institutional trades to speed up their automation systems
The legislation, which updates a system that had become seriously outdated, will also facilitate cross-border transactions
Legislation will require anyone who deals in mortgages to be licensed
Banks didn’t allow for penalty-free annual prepayment privileges, Ottawa lawyer argues
The future of class actions in Canada has been thrown into doubt by a recent decision of the Quebec Superior Court. The Quebec court refused to enforce in Quebec an Ontario court judgment that approved a national settlement in a case involving HSBC Bank of Canada.The decision could have an impact on a pending class-action […]