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  • Article

    Who Bears The Loss Among Innocent Parties After Payment Fraud? Saskatchewan Court Of Appeal Provides Some Clarity

    Canadian courts are increasingly asked to allocate fraud losses between innocent parties—victims and their financial institutions. The Saskatchewan Court of Appeal's decision in Honeybadger Enterprises Ltd. v. Bue provides crucial clarity on common law principles governing liability allocation, establishing that parties whose conduct involves affirmative acts facilitating fraud will bear the loss, while financial institutions owe no duty to police transactions or warn customers absent contractual obli
    CanadaCriminal Law
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    20-Day Jail Sentence For Employee Who Released Employer’s Confidential Information In Breach Of Court Order

    A former employee received a 20-day jail sentence after she flagrantly disregarded a court order by disclosing the plaintiffs' confidential business methods and disparaging their business reputation
    Canada
Employment and HR
Dentons Canada LLP
Dentons Canada LLP
  • Article

    2025 Federal Budget: Financial Sector Highlights

    On November 4, 2025, Canada's newly elected federal government released its first budget, Budget 2025: Building Canada Strong (Budget 2025).
    CanadaFinance and Banking
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    Criminal Interest Rate Overhaul: Impact On Commercial Loans

    On Dec. 23, 2023, the federal government released the proposed Criminal Interest Rate Regulations (Regulations) in the Canada Gazette, which have the effect of reducing the criminal interest rate...
    CanadaFinance and Banking
    Gowling WLG
    Gowling WLG
  • Article

    Jacobson Family Investments: New York Appellate Division Interprets Scope Of Financial Institution Bond's Investment Advisor Coverage And Securities Broker Exclusion

    On June 18, 2015, the New York Supreme Court, Appellate Division released its decision in Jacobson Family Investments, Inc. v. National Union Fire Insurance Company of Pittsburgh, Pa.
    CanadaFinance and Banking
    Blaney McMurtry LLP
    Blaney McMurtry LLP
  • Article

    The Carrot: Payments Canada Publishes Real-Time Rail Participation Guide For Payment Service Providers

    Payments Canada published the "Real-Time Rail Participation Guide for Payment Service Providers" to help participants understand eligibility and requirements.
    CanadaFinance and Banking
    Osler, Hoskin & Harcourt LLP
    Osler, Hoskin & Harcourt LLP
  • Article

    Canada’s Integrity Framework Needs To Be Revised

    Canada’s recent changes to its Integrity Framework for federal government contracts have made it one of the most restrictive debarment regimes in the world, if not the most restrictive.
    CanadaGovernment, Public Sector
    McCarthy Tétrault
    McCarthy Tétrault
  • Article

    A Glimmer Of Hope: How IRCC Is Combatting International Student Fraud

    The Canada Border Services Agency (CBSA) arrived at an uncomfortable revelation in what was likely 2021 or early 2022; in the years prior, hundreds of international students from India had submitted...
    CanadaImmigration
    Green and Spiegel LLP
    Green and Spiegel LLP
  • Article

    Discharged Bankrupts May Be Exempt From Administrative Penalties: Poonian V. British Columbia (Securities Commission)

    Recently, in Poonian v. British Columbia (Securities Commission), the Supreme Court of Canada clarified that while a bankrupt can be discharged from the obligation to pay administrative penalties ordered by administrative...
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Borden Ladner Gervais LLP
    Borden Ladner Gervais LLP
  • Article

    Hudson Heritage: U.S. District Court Dismisses Fraudulent Loans Claim Where Credit Union Failed To Plausibly Plead Alteration Of Original Documents Of Title

    On January 22, 2018, the U.S. District Court for the Southern District of New York released its decision in Hudson Heritage Federal Credit Union v. CUMIS Insurance Society, Inc., dismissing...
    CanadaInsurance
    Blaney McMurtry LLP
    Blaney McMurtry LLP
  • Article

    Martinez, Inc.: Eleventh Circuit Finds No Coverage Under Crime Policy Where Insured's CEO-CFO Made Misrepresentations In Policy Application

    The insured, Martinez, Inc. ("MBS"), carried on business as a building maintenance company servicing commercial properties.
    CanadaInsurance
    Blaney McMurtry LLP
    Blaney McMurtry LLP
  • Article

    Avoiding Regulators' Roars In The Twenties: Compliance Measures For A New Decade

    If you haven't set your corporate resolutions for the 2020s yet, ensuring regulatory compliance in the areas noted below should be chief among them.
    CanadaInternational Law
    Norton Rose Fulbright Canada LLP
    Norton Rose Fulbright Canada LLP
  • Article

    Canada's Magnitsky Act Takes Important Step Forward On October 2, 2017

    The House of Commons will adopt the changes to Bill S-226 recommended by the House of Commons Standing Committee on Foreign Affairs and International Development (FAAE) in June and a new version of the bill will be published.
    CanadaInternational Law
    LexSage
    LexSage
  • Article

    Facilitation Payments are Bribery: Canada Repeals "Facilitation Payments" Exception

    Canadian anti-corruption law is now clear, facilitation or "grease" payments to foreign public officials are illegal.
    CanadaInternational Law
    LexSage
    LexSage
  • Article

    Court Grants Full Indemnity Costs Following Dismissal Of Frivolous And Fabricated Claim (Kovacevic v. Bank Of Montreal)

    The Superior Court of Justice in Ontario has been faced with significant backlogs for some time, leading to delays in civil matters. A recent decision from the court sends a clear message...
    CanadaLitigation, Mediation & Arbitration
    Gardiner Roberts LLP
    Gardiner Roberts LLP
  • Article

    Ground-breaking Insurance Act Ruling Confirms Effect Of Misrepresentation On Indemnity

    Ali Abbas was ejected through the windshield of an uninsured vehicle during a head-on collision on November 17, 2016.
    CanadaLitigation, Mediation & Arbitration
    CLC (Canadian Litigation Counsel)
    CLC (Canadian Litigation Counsel)
  • Article

    Legal Trends 2016: Litigation & Dispute Resolution

    In 2016, regulated persons in Canada are increasingly likely to find themselves facing prosecution before tribunals, rather than in courts, and facing significant exposure to monetary penalties in those proceedings.
    CanadaLitigation, Mediation & Arbitration
    Blake, Cassels & Graydon LLP
    Blake, Cassels & Graydon LLP
  • Article

    When Good Lenders Meet Bad Borrowers

    Financing is fraudulently obtained from Bank A and used to purchase assets. Those assets are then used as security by the fraudster to obtain credit with Bank B. Millions of dollars of debt later, the fraud is revealed. Which of these two innocent institutional victims is entitled to the proceeds from the pledged assets and which should bear the loss?
    CanadaLitigation, Mediation & Arbitration
    McMillan LLP
    McMillan LLP
  • Article

    Protecting Your Personal Data

    As we use an increasing number of online services, personal information is sent out onto the Internet at an alarming rate. But is your information safe?
    CanadaPrivacy
    Crowe Soberman LLP
    Crowe Soberman LLP
  • Article

    Ontario Divisional Court Reviews Priorities Among Mortgagees That Were Victims Of Mortgage Fraud

    In a recent decision, CIBC Mortgages Inc. v Computershare Trust Co. of Canada (2016 ONSC 7094 (Div. Ct.), the Ontario Divisional Court dealt with a priority dispute between innocent mortgagees...
    CanadaReal Estate and Construction
    Torkin Manes LLP
    Torkin Manes LLP
  • Showing 781–800 of 1484 results

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