We previously wrote about a decision of the Court of Appeal that concerned the meaning of the phrase “material change” as found in the Securities Act. The case involved a plaintiff’s claim that the defendant company had failed to satisfy its statutory obligation to disclose “forthwith” a “material change” in its affairs. The case was […]
Category Archives: Commercial Litigation
Court of Appeal Outlines Limits on the Power of the Securities Commission to Compel Production of Documents
The Court of Appeal recently issued a decision in Binance Holdings Limited v. Ontario Securities Commission, circumscribing the power of the Securities Commission to issue summonses for the production of documents. The case involved Binance Holdings Limited (“Binance”), a Cayman Islands corporation. Binance operates an online cryptocurrency asset trading platform and has been involved in […]