On December 20, 2017, the Supreme Court of Canada (SCC) released its long-awaited decision in Deloitte & Touche v. Livent Inc. (Receiver of) (Livent) ...

As part of Ogier's ongoing series of articles on fraud and asset tracing, we will now look at a number of recovery claims that victims of fraud have brought against their service providers.

In a decision that will reassure investors in Cayman Islands investment funds and other vehicles, the Grand Court has shown its willingness to facilitate the investigation of legitimate concerns raised...

The recent decision of the Court of Appeal for Ontario (Court of Appeal) in Wright v. Horizons ETFs Management (Canada) Inc. opens the door for a new common law duty of care for investment fund managers.

Given the significant size and growing wealth of developing economies, it is hard to ignore the tremendous business potential these markets have to offer. While it’s not a new topic on the business agenda, emerging markets are fast becoming an integral part of nearly every CEO’s business strategy to drive sustainable profitable growth.

This edition includes news on the Royal Institute of Chartered Surveyors (RICS) in the United Kingdom lobbying the UK Government to allow RICS to regulate estate agents under the new EU Directive (5 September); American proposals to reduce currency transactions reporting requirement for seasoned business customers (16 September); and the approval of regulatory standards for Hawala money transfers between 14 Arab states (28 September).

In Lavender v Miller Bernstein LLP ("Lavender"), the Ontario Court of Appeal overturned an order granting summary judgment to a class of investors ...

On September 5, 2018, the Court of Appeal for Ontario released its decision in Lavender v Miller Bernstein LLP,1 overturning a summary judgment ruling that imposed significant liability on an auditor

A less stringent standard, adopted by the majority of the Ontario Court of Appeal, was rejected.

In its recent decision in Lavender v Miller Bernstein LLP, the Court of Appeal for Ontario overturned a summary judgment decision imposing liability on the auditor of a now defunct securities dealer in a class action brought on behalf of the dealer's clients.

This edition includes news on the first anti-money laundering regulations in Vietnam (7 June) and the meeting of the Financial Action Task Force in Singapore. Also covered this month is the increased funding offered by Russia to the Eurasian Group on Money Laundering (23 June).

Earlier this month in "Marion v. TDI, Inc.", the Court of Appeals for the Third Circuit overturned a $32.7 million jury verdict against defendants accused of deepening the insolvency of Bentley Financial Services ("BFS") by giving it access to more cash and investors.

Infrastructure development remains at the heart of the modernisation of UK public services. From the upgrade of secondary schools to the development of new IT systems, the public sector has rarely been under such pressure to deliver effective and efficient improvements in its infrastructure.

The Supreme Court of Canada has clarified the scope of manufacturers' potential liability under the law of negligence to the retailers of their products for "pure economic losses"—lost profits, lost sales, and reputational harm ...

The concept of a duty of care is foundational to the common law concept of negligence.

The Ontario Court of Appeal's decision in Price v Smith & Wesson Corporation is a significant development in product liability law and class action procedure, particularly in cases involving harm from criminal acts.

The Ontario Court of Appeal recently released a decision cautioning that partial summary judgment may become a rarity in Ontario. In Butera v Chown, Cairns LLP, 2017 ONCA 783...

Courts seem unwilling to uphold LPP claims for multi-purpose reports if a dominant legal purpose is not clear.