The Show Goes on for IMAX: Landmark Class Action

Christopher Somerville
Affleck Greene McMurtry LLP September 14th, 2012

A big reversal just happened in the fast-moving world of securities class action litigation. In the last eight months, it seemed that the Ontario Superior Court, the Ontario Court of Appeal, and the Supreme Court of Canada were all hitting the brakes on securities class actions. Full article

Timminco tossed by Supreme Court of Canada

Kenneth A. Dekker
Affleck Greene McMurtry LLP August 2nd, 2012

The Supreme Court of Canada typically agrees to hear only about 10 – 15% of the cases that seek its attention. Not only does a proposed appellant need to explain [...] Full article

Maple Approval Leaves Canada with Regulated Monopoly Stock Exchange

W. Michael G. Osborne
Affleck Greene McMurtry LLP July 5th, 2012

In a surprise move, the Competition Bureau cleared the Maple Group's bid to acquire TMX Group, Alpha Group, and Canadian Depository Services on July 4, 2012. On the same day, the OSC issued a recognition order regulating the Maple Group. These approvals leave Canada with one stock exchange that will operate as a regulated monopoly. Full article

How high is too high? Appeal court finds that OSC penalties are not high enough to be unconstitutional

Kenneth A. Dekker
Affleck Greene McMurtry LLP May 25th, 2012

In a decision released in March in Rowan v. Ontario Securities Commission, 2012 ONCA 208, the Ontario Court of Appeal declined to overturn on constitutional grounds the substantial penalties imposed [...] Full article