On September 5, Ontario's Court of Appeal released its decision in Lavender v. Miller Bernstein LLP,1 which considered the duty of care owed by an auditor to non-clients.

The Singapore High Court considered the status of security interests in commingled stock and whether the said security interests survived commingling.

The Second Circuit Court of Appeals (Second Circuit) recently held that an investment adviser lacked standing to file a securities claim on behalf of its injured investors.

This article has been prepared by professionals in the member firms of Deloitte Touche Tohmatsu.

Defendants to litigation are often looking for tools to encourage an early settlement. A motion for security for costs can often fit the bill.

A recent motion to dismiss filed by the defendants in the In re Petrobras Securities Litigation, No. 14-cv-9662 (S.D.N.Y.) consolidated litigation challenges the standing of several institutional opt-out plaintiffs.

Amendments to Ontario’s Securities Act significantly strengthen the ability of the Ontario Securities Commission to disclose information obtained during investigations to other government or regulatory authorities.

The solvency regime introduced to the UK life insurance market two years ago under ICA rules anticipates some of the changes that the European Union’s Solvency II project to reform prudential regulation of insurance will impose across all 25 member states in 2010 or later.

See Weekly Update 15/10 for the first instance decision in this case. The parties had entered into an agreement which was to be governed "in accordance with Kazakhstan legislation" but which contained an arbitration clause which was governed by English law.

Last fall Congress passed the American Jobs Creation Act of 2004 (the Act), which made extensive changes to tax laws governing executive compensation. This third segment of a four-segment series focuses on the changes in basic rules for nonresident aliens, and stock compensation of insiders in inverted corporations.

As the U.K. Financial Reporting Council prepares for its transition into the Audit, Reporting and Governance Authority in 2024, it has continued to focus on its regulatory...

Auditors' liability suffered a significant setback late last year with the release of the Supreme Court of Canada's decision in Deloitte & Touche v. Livent Inc. (Receiver of) ("Livent").

This is the first year in which the Deloitte Touche Tohmatsu Limited Global Energy and Resources group has published this report which follows others in the series on oil and gas, power and utilities, and mining.

The terms of reference and the review panel have been announced for the independent 'root and branch' review of the CCA.

A recent Alberta Court of Appeal decision regarding standard of care, negligent misrepresentation, ...

The application of the in pari delicto defence in the United States is subject to significant jurisdictional variability.

Auditors for years have distinguished between the familiar traditional "audit," which is usually performed annually, and a quarterly "review." A "review" typically consists more of just discussion and observations rather than the performance of substantive audit procedures, and principally involves applying analytical procedures to the company’s financial data, making inquiries of the company’s officers responsible for financial and accounting matters, and bringing to management’s attention if a

This paper is the fourth in the ‘Digital Leadership’ series looking at the challenges faced by one of today’s fastest-moving sectors – technology, media and telecoms.