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Published on: 8 Jul 2020 By

Ontario overhauls the Class Proceedings Act: Your guide to the complete list of changes

On July 7, 2020, the Ontario government voted to pass the most significant changes to the province’s Class Proceedings Act, 1992 in the entire history of the legislation. For the full picture of what the amended Act will look like, click on this updated version of the Class Proceeding Act, c…

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Published on: 6 May 2020 By

Crypto-Platforms hit with eleven coordinated class actions

Crypto-currency trading platforms (“Crypto-Platforms”) received an unwelcome surprise last month, when eleven of them were hit with coordinated class action suits in America by two law firms. The class actions target some of the largest crypto-currency exchanges in the world: Binance, Bibox …

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Published on: 24 Jan 2020 By

Guidance from the Canadian Securities Regulators on Crypto-Platforms

Last week, the Canadian Securities Administrators (the “CSA”) published guidance on situations when securities legislation may apply to entities that facilitate crypto-currency trading. The CSA is an umbrella organization of securities regulators from each of the provinces and territories. T…

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Published on: 2 Jan 2020 By

Coming up in 2020: Canada’s first public Bitcoin fund

This year is going to be a Happy New Year for The BitCoin Fund (the “Fund”), whose final prospectus was approved by the Ontario Securities Commission (OSC). It is the first public bitcoin fund to be cleared by any Canadian securities regulator.  The Bitcoin Fund is a public investment trust …

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Published on: 21 Nov 2019 By

Class Counsel Can Continue to Represent Class Members where a Conflict of Interest Arises with Provincial Health Insurers

In Perdikaris v. Purdue Pharma, 2019 SKQB 281, the Chief Justice of the Saskatchewan Court of Queen’s Bench has ruled that a conflict of interest between Provincial Health Insurers (“PHIs”) and the Representative Plaintiffs and/or Class Members that emerges as the matter proceeds will not au…

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Published on: 12 Nov 2019 By

Government, energy corporation can be sued in class action for flood damage says Newfoundland Court

Flooding is a major issue for many Canadians, often causing severe damage and consequent economic harm. The federal government has warned that extreme flooding is the new reality of climate change,[1] and the five most destructive floods in Canadian history have all occurred since 2010.[2]  …

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Published on: 5 Nov 2019 By

Class Members, No Rights to Appeal Settlement Approval

On October 17, 2019 the Court of Appeal of Ontario released its decision in Bancroft-Snell v. Visa Canada Corporation, 2019 ONCA 822. The Court of Appeal’s unanimous five-judge panel decision confirmed individual class members have no right to appeal settlement approval orders even where the…

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Published on: 15 Oct 2019 By ,

Marriott Privacy Class Action: Ontario Court’s Decision on Carriage Paves the Way to Addressing the Problematic Multiplicity of Class Actions Across Canada

In a recent carriage decision, Winder v Marriott, 2019 ONSC 5766 (“Winder”), Siskinds LLP was appointed as Class Counsel of a national class proceeding out of Ontario against Marriott International, Inc., Luxury Hotels International of Canada, ULC, and Starwood Canada ULC on behalf of all Ca…

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