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Published on: 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 interest is “chargeable, payable or recoverable” at a rate in excess...

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Diamonds

We apologize that the claims portal has been experiencing technical difficulties. If you experience difficulties, please contact the claims administrator at [email protected] or 1.877.563.7614 to request a claim form. Claimants who contact the claims administrator directly will have until March 8, 2024 to provide the claims administrator with a completed form. We apologize for the inconvenience....

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Published on: 13 Sep 2022 By

Can MLM businesses ever sell on third-party sites? Never say never.

Every MLM business knows that selling products through third-parties such as Amazon or eBay should never be allowed… but is this actually the case? What if MLM companies did sell products in big box stores or on Amazon? This blog post considers the legal and practical consequences of when an MLM company does exactly that....

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Published on: 9 Apr 2021 By

Cy-prés distributions – Honouring “as close as possible”

In a previous blog post we had discussed the origin of cy-près distributions and their benefits. In sum, cy-près distributions help to enforce one of the public policy rationales behind class actions: behaviour modification by holding wrongdoers accountable for their actions. Where it is no longer economically feasible to distribute an award to individual class...

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