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Dealing with financial distress

Faced with a ‘hopelessly optimistic’ management team, itʼs the boardʼs job to track risk, bolster liquidity and avert disaster

Should Canadian entrepreneurs incorporate in the United States?

Canadian entrepreneurs often look to the United States for the future financial prospects of their startups, primarily through development funding...

Provincial payer quashes attempted drug evergreening strategy

In a recent Alberta Court of Queen’s Bench decision, the Court considered the reasonableness of an approach taken by the Alberta Minister of Health...

Supreme Court Majority alters framework for judicial reviews and statutory appeals

On December 19, 2019, the SCC issued its decisions in Canada (Minister of Citizenship and Immigration) v. Vavilov and Bell Canada v. Canada (Attorney...

2019 Legal Year in Review – Introduction

Our observations about some of the most significant legal developments affecting Canadian business over the past year and their implications for 2019...

Annual Exempt Trade Reports for investment fund distributions in Canada due January 30, 2020

This is a reminder that Exempt Trade Reports must be filed on Form 45-106F1 for all investment funds sold to Canadian purchasers on a private...

Exxon wins first climate change disclosure securities fraud case

On December 10, the New York Supreme Court released its decision in the ExxonMobil securities fraud case. The New York Attorney General had alleged...

Government mandate letters highlight tax priorities; Fall Economic and Fiscal Update quiet on new measures

The Liberal government’s Fall Economic and Fiscal Update contained no new significant tax measures, but the mandate letters given to federal...

Two Hats, or Not Two Hats?

This article considers how arbitration legislation applies to this issue and explores the pros and cons of having the same person act as both...