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30 Jul 2013 By

Personal liability for officers and directors- how far?

Should company directors and officers be personally liable for contamination they did not cause? “Directors’ liability is one of the primary instruments used by policymakers to promote good corporate governance. However, … [t]he imposition of ever-increasing personal liability on directors m…

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30 Jul 2013 By

Cy Pres Settlements (Or, How Charities Can Benefit From Class Actions)

In fall 2010, Siskinds was retained to bring a proposed class action against Toronto Hydro-Electric System Limited (Toronto Hydro) on allegations that the utility company illegally charged interest at a rate of 19.56% per year.  By way of background: The Interest Act requires that where inte…

Continue reading the post titled Cy Pres Settlements (Or, How Charities Can Benefit From Class Actions)