The Ontario Business Corporations Act (OBCA) and The Canada Business Corporations Act (CBCA) are both remedial statutes. They serve to regulate corporate behaviour but also to remedy some restrictive common law rules that applied to corporations. Two such remedies are the Oppression Remedy and, with leave of the court, The Derivative Action. To understand these […]
Category Archives: Commercial Litigation
Hide & Seek – Piercing the Corporate Veil
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Canadian Data Breaches On The Rise: Businesses Take Warning
2017 has brought with it an increasing number of cyberattacks, resulting in significant data breaches directly affecting Canadians. While news of a new data breach is alarming on its own, the most recent data breaches have exposed highly sensitive data, much of which has been accessed by hackers before the breach is even detected. Cyberattacks […]
Uber’s Latest Data Breach: Foreshadowing At The FTC?
On Tuesday evening, Uber’s CEO announced that in late 2016 the company learned hackers gained access to the personal information of over 57 million users worldwide. While the full extent of Uber’s data breach is still being uncovered, the personal information accessed in the data breach includes names, email addresses, and phone numbers, and may […]
Litigation Funding Up for Discussion Again
The Ontario Superior Court of Justice recently released its decision in Houle v St. Jude Medical Inc., 2017 ONSC 5129 [Houle]. In it, Justice Perell conditionally approved a litigation funding agreement between the representative plaintiffs, class counsel and Bentham IMF Capital Inc., a global litigation funding company. The court’s decision in Houle has important implications for parties to […]