In a decisive ruling, Lochan v Binance Holdings Ltd., the Ontario Superior Court reinforced its judicial authority over global arbitration forums, and granted an anti-suit injunction to stop Hong Kong arbitration proceedings that an affiliate of the defendants to an Ontario class action commenced against the representative plaintiffs. This decision underlines the Court’s distaste for the use of arbitration clauses to foreclose plaintiffs from pursuing their claims by trying to force them to bring costly and difficult arbitration proceedings in a foreign jurisdiction and foreclose access to justice through class proceedings. In the words of Justice Morgan: “The pending arbitration ... [more] Full article