The Cash Store Financial Inc.
In June and July of 2013, class actions were commenced in the Ontario Superior Court of Justice, the Alberta Court of Queensβs Bench and the Quebec Superior Court against Cash Store Financial Services, Inc. (βCash Storeβ) and certain of its officers and directors (the βIndividual Defendantsβ). In November 2013, a class action lawsuit was commenced...
Continue reading the post titled The Cash Store Financial Inc.Inferior Vena Cava (IVC) Filters
Siskinds LLP seeks to recover compensation for Canadians implanted with IVC Filters and who suffered related injuries.Β The Ontario Superior Court of Justice approved the Notice of Certification of the Cook IVC Filters class action on November 3, 2020. A copy of the long-form notice is available here and includes instructions for opting out of...
Continue reading the post titled Inferior Vena Cava (IVC) FiltersGatos Silver, Inc. (TSX:GATO)
On February 9, 2022, Siskinds LLP, Eighty-One West Law PC, and CFM Lawyers LLP initiated a class action against Gatos Silver, Inc. (TSX: GATO) and other defendants. Gatos is a US-based precious metals production and exploration company focused primarily on silver. Its key operating project is the Cerro Los Gatos (βCLGβ) mine in Chihuahua, Mexico.Β The...
Continue reading the post titled Gatos Silver, Inc. (TSX:GATO)Putting Short Sellers on a (Regulatory) Leash
Traditional investors buy low and sell high, holding the position in the meantime with the hope that the share price will increase.Β Short-selling inverts this strategy and involves borrowing a stock that is believed to be overvalued, selling at the high point, and then returning the shares once the price drops.Β Basically, borrow high, replace low and...
Continue reading the post titled Putting Short Sellers on a (Regulatory) LeashCOVID-19 in Ontario: essential places of business
These past four weeks have been turbulent for Ontario businesses, to say the least. On March 17, 2020, Ontario declared a state of emergency in response to the COVID-19 pandemic. By March 23, Premier Ford ordered the closure of all non-essential businesses (the βOrderβ), and on April 3, the Order was revised to shorten the...
Continue reading the post titled COVID-19 in Ontario: essential places of businessWhat's in bottled water?
The major difference between bottled water and municipal tap water is that we know less about what is in bottled water.
Continue reading the post titled What's in bottled water?Weather or climate?
Itβs hard to know whether individual weather events are just random fluctuations, or whether they are growing signs of climate change. What we need to look for are patterns– is the weather changing? And how do the changes that are actually happening compare to those predicted for climate change? Three years ago, two federal government...
Continue reading the post titled Weather or climate?What to expect from OHSA inspectors in the age of COVID-19
Employers beware, the Ontario government announced Wednesday, March 3, 2021, that it has hired over 100 additional occupational health and safety inspectors, bringing the total number of inspectors to more than 500βthe largest number in Ontarioβs history.Β The new inspectors will be fully trained and ready to hit the ground running by July 1, 2021...
Continue reading the post titled What to expect from OHSA inspectors in the age of COVID-19Everything is electronic: Implementing electronic delivery of franchise disclosure documents and electronic execution of documents
Everything is electronic. It certainly feels that way. Even in areas that are slow to adopt change, digital is taking over. While many franchise systems are on the cutting edge of technology in their offerings and their methods of conducting business with clients, the processes of selling franchises have taken longer to fully embrace the...
Continue reading the post titled Everything is electronic: Implementing electronic delivery of franchise disclosure documents and electronic execution of documentsAmending order provides clarity on director and shareholder meeting requirements
On April 24, 2020, the Ontario government issued an amendment to its initial emergency order in connection with meetings for corporations. The initial order, which came into effect at the end of March of this year and is discussed in my earlier post, provides temporary flexibility and relief from otherwise strict meeting requirements for corporations...
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