Securities regulators target Poloniex, an unregistered cryptocurrency exchange
Canadian regulators have escalated their confrontation with unregistered Crypto-Platforms.1 On May 25, 2021, the OSC issued a Notice of Hearing and Statement of Allegations2 accusing Polo Digital Assets, Ltd., a Crypto-Platform operating under the name Poloniex, of registration and disclosure violations. The confrontation is unsurprising to those reading the regulatory tea leaves. In a press release...
Continue reading the post titled Securities regulators target Poloniex, an unregistered cryptocurrency exchangeThe SEC crackdown on crypto-securities: SEC v. Ripple
It’s a busy new year for lawyers representing Ripple Labs Inc. (“Ripple”), as they prepare to face off with American regulators in the “Cryptocurrency Trial of the Century”. On December 22, 2020, the U.S. Securities and Exchange Commission launched an action against Ripple Labs Inc. and two of its executives alleging the violation of federal...
Continue reading the post titled The SEC crackdown on crypto-securities: SEC v. RippleBikes and transit
As part of our commitment to a greener city, we are again sponsoring the Bikes and Transit website. This is a great resource for planning cycle excursions around the GTA, from the wine route in Grimsby to the beautiful Ajax waterfront, all by public transit. We have been delighted with the beautiful places we have...
Continue reading the post titled Bikes and transitTL;DR – Who reads the Terms of Use?
Business owners: do you think your customers read your website’s Terms of Use? Probably not. However, you probably want your customers to read it. Afterall, the Terms of Use sets out the backbone of your legal relationship with your website’s visitors. Throughout the years, Terms of Use have become so long and so technical that...
Continue reading the post titled TL;DR – Who reads the Terms of Use?Capacity and Powers of Attorney
When we speak about “capacity” in the legal sense, we are considering whether a person can make a decision in a certain set of circumstances and understand the consequences of making, or not making, the decision. The decision maker does not necessarily need to make the “best” or the “right” decision, so long as they...
Continue reading the post titled Capacity and Powers of AttorneyA Good Day for Investors: The Ontario Court of Appeal Fixes the Timminco Problem
On February 3, 2014, the Ontario Court of Appeal released its decision Green v Canadian Imperial Bank of Commerce. This decision set aside the Court’s previous interpretation of the leave process under Part XXIII.1 of the Ontario Securities Act with respect to the limitation period. In doing so, the Court has brought rationality back to the...
Continue reading the post titled A Good Day for Investors: The Ontario Court of Appeal Fixes the Timminco ProblemEnvironmental Penalties higher in 2009
The Ministry of the Environment issued more environmental penalties in 2009: 13, totalling over $107,000. Although the total is still small, this is a significant increase over the 6 EP, totalling $69,583, that the Ministry issued in 2008. Companies were able to obtain reductions of up to 25% through negotiations with the Director, though the...
Continue reading the post titled Environmental Penalties higher in 2009OCA Clarifies Franchisor Disclosure Obligations
After getting off to a shaky start, the Ontario Court of Appeal seems to be finding its feet in the interpretation of franchisors’ disclosure obligations as mandated by the Arthur Wishart Act (Franchise Disclosure) 2000, S.O. 2000 c. 3, and its General Regulation. In the case of Caffé Demetre Franchising Corp. v. 2249027 Ontario Inc., 2015...
Continue reading the post titled OCA Clarifies Franchisor Disclosure ObligationsThe SCC’s Greenhouse Gas Pollution Pricing Act Decision: A win for climate change protection, but what’s next?
On March 25, 2021 the Supreme Court of Canada (SCC) released its decision References re Greenhouse Gas Pollution Pricing Act, 2021 SCC 11.1 While the question before the Court was the scope of the federal government’s jurisdiction, the practical effect of the decision was describing how climate change prevention could be legislated in Canada. If...
Continue reading the post titled The SCC’s Greenhouse Gas Pollution Pricing Act Decision: A win for climate change protection, but what’s next?Class Action Case Comment: Vester v Boston Scientific Ltd., 2017 ONSC 1095
Background The Defendants, Boston Scientific Ltd. and Boston Scientific Corporation (collectively “Boston Scientific”) designed, manufactured and sold transvaginal mesh (“TVM”) medical devices that were implanted into thousands of Canadian women for the treatment of Stress Urinary Incontinence (“SUI”) and Pelvic Organ Prolapse (“POP”). SUI is the involuntary leakage of urine on effort or exertion, such...
Continue reading the post titled Class Action Case Comment: Vester v Boston Scientific Ltd., 2017 ONSC 1095Receive Blog Posts
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