2,196 results found

Gender diversity on corporate boards continues to be a hot topic for activist shareholder groups in Canada.

In Vaughan Community Health Centre Corporation v Annibale, 2015 ONSC 2559, the Ontario Superior Court of Justice held that the Ontario Corporations Act, (the "Act") only authorizes directors, and not members, to propose changes to the by-laws or changes requiring special resolution.

Last month, Cornerstone Research published a report titled Shareholder Litigation Involving Mergers and Acquisitions – Review of 2013 M&A Litigation, the first report in a 2-part series aimed at assessing trends involving lawsuits filed by shareholders of public target companies which challenge M&A transactions valued over $100 million.

On June 8, 2023 Bill 91, Less Red Tape, Stronger Economy Act, 2023 ("Bill 91") received Royal Assent. Bill 91 includes a series of amendments to the Ontario Not-for-Profit Corporations Act...

Now that corporate directors may face personal liability for ESG failures, boards are likely wondering what they can do to mitigate their risk.

The Alberta Securities Commission's (ASC) decision in Re Greenfire Resources Ltd., 2025 ABASC 104 (Greenfire) offers important guidance for mergers and acquisitions...

A survey of the past year shows that the Ontario Securities Commission (OSC) has markedly increased its focus on quasi-criminal court proceedings, indicating a new willingness by the regulator...

Target was sued in early 2014 by several shareholders following a massive 2013 data breach. Four of those claims were ultimately consolidated into the claim that was dismissed while another claim was stayed pending this result.

If the Hillary Clinton email scandal wasn't a clear enough lesson that one should not conduct "official" work using personal electronic communication tools (be it personal email, texts or other methods), ...

A decision of the English High Court of Justice deals with the responsibility of officers and directors of a company for alleged infringement. Tangle Inc V One for Fun Limited [2023] EWHC 217...

On January 13, 2022, five employees of Eastway Tank, Pump and Meter Ltd. (the "Employer") were killed in an explosion at the worksite.

On July 14, 2020, the Ministry of Energy, Northern Development and Mines issued a news release regarding the Ontario government's plans...

On October 28, 2013, the Ontario Ministry of the Environment (MOE) announced that it had reached a settlement with the former directors and officers of Northstar Aerospace...

The recent Ontario Environmental Review Tribunal (ERT) case of Baker et al. v. Director, Ministry of the Environment (Northstar) raised more than a few eyebrows when former directors and officers of Northstar Aerospace, Inc. (Company) and its parent, Northstar Aerospace (Canada) Inc., were held personally liable by the Ontario Ministry of Environment (MOE) for contamination at the now insolvent Company’s former manufacturing and processing facility in Cambridge, Ontario (Site).

The Legal 500 Country Comparative Guide is a global publication that provides international expert analysis in key areas of law, practice and regulation for corporate counsel, cross-border legal practitioners...

Ontario does not require companies to adopt a specified quota of women on boards or in senior management.

Bill S-211, Fighting Against Forced Labour and Child Labour in Supply Chains Act (the "Act"), Canada's modern slavery legislation, passed in the House of Commons today.

Condominiums in Ontario are self-governed by an elected Board of Directors. This leaves condominium Directors with a significant amount of discretion and autonomy...