News & Events
Court of Appeal Maintains Denial of Leave in Securities Action
January 28, 2016
The most recent decision from the Ontario Court of Appeal on leave in securities class actions, Goldsmith v. National Bank, continues a trend of denying leave. The action had its origin in the demise of Poseidon Concepts in 2013, a publicly-traded energy services company. The defendant in the action, National Bank, was Poseidon’s financial advisor
Practice Area
Class Actions
Court Proposes “Individual Issues Litigation Plan”
November 20, 2015
On November 16, 2015, Justice Perell released his decision in Lundy v. VIA Rail Canada Inc., 2015 ONSC 7063. As indicated at the outset of the decision, “[t]his mini-sized class action is a test centre for underdeveloped but very important aspects of class action procedure under the Class Proceedings Act, 1992“. A novel aspect of
Practice Area
Class Actions
Court of Appeal Weighs in on Benefits of Case Management
August 24, 2015
In the Court of Appeal for Ontario’s latest pronouncement on the test for certification, Chief Justice Strathy re-iterated Ontario’s liberal approach to certification and focused on the benefits associated with attentive case management as class proceedings wind their way through this province’s courts. Amyotrophic Lateral Sclerosis Society of Essex v. Windsor (City), 2015 ONCA 572
Practice Area
Class Actions
Court Denies Summary Judgment in “Private Issuers” Class Action
July 3, 2015
On June 29, 2015, Justice Perell released his decision in Mayotte v Ontario, 2015 ONSC 4196, denying what in effect were cross motions for summary judgment in this certified class action. There were “numerous genuine, novel, and profound issues for trial, and it [was] not in the interests of justice to determine this matter summarily
Practice Area
Class Actions
Federal Court Certifies Day Student Class Action
June 10, 2015
On June 3, one day after the release of the Executive Summary from the Truth and Reconciliation Commission of Canada, the Federal Court certified a class action concerning day students of Indian Residential Schools [Chief Shane Gottfreidson et al. v. HMQ, 2015 FC 706]. The Indian Residential Schools Settlement Agreement[IRSSA] did not cover students of Residential
Practice Area
Class Actions