Livent Inc. (“Livent”) has prevailed at the Court of Appeal in its auditor’s negligence claim against Deloitte & Touche (“Deloitte”) concerning Deloitte’s failure to detect an accounting fraud carried out by Livent’s senior management. In the result, the trial judge’s $84,750,000.00 damage award (plus interest) was upheld. [more] Full article

The Supreme Court of Canada recently clarified how motion judges should exercise their fact-finding and summary judgment powers under rule 20.04(2.1) and (2.2) of the Rules of Civil Procedure. In ... [more] Full article

CONTRIBUTORS: KEN DEKKER, MICHAEL OSBORNE, MICHAEL BINETTI,ADAM WYGODNY,AND HOOMAN ZARGARZADEH CANADA’S TOP COURT DISMISSES SHAREHOLDER CLASS ACTION AGAINST DANIER LEATHER In October, Canada’s Supreme Court upheld the Ontario Court of ... [more] Full article

Symbol Technologies Canada ULC v. Barcode Systems Inc.[1] A corporation that is no longer a going concern cannot maintain a private application under s. 75, the Tribunal held in October ... [more] Full article