Business
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October 15, 2024
IPC decisions consider encryption-based cyberattacks with no data exfiltration
Do organizations have privacy reporting obligations when threat actors gain access to their IT systems without exfiltrating any data?
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October 11, 2024
SCC sheds new light on corporate attribution rules, applies them for first time to bankruptcy cases
The Supreme Court of Canada has for the first time applied the common law corporate attribution doctrine in the bankruptcy and insolvency context while also instructing that the corporate attribution rules are not rigid and must be adapted in varied legal contexts to “purposively, contextually and pragmatically” give effect to the policy goals of the law under which a party seeks to attribute to a corporation the actions, knowledge, state of mind or intent of its directing mind.
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October 11, 2024
Federal nuclear regulator OKs continued operation of OPG’s Pickering plant for two more years
The Canadian Nuclear Safety Commission (CNSC) has given Ontario-government-owned Ontario Power Generation Inc. (OPG) another two years to operate a portion of the Pickering Nuclear Generating Station, one of the oldest nuclear facilities in the world.
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October 11, 2024
FINTRAC updates mortgage sector and correspondent banking relationship guidance
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), an intelligence unit and anti-money laundering and anti-terrorist financing supervisor, has updated regulatory amendments that come into force on Oct. 11.
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October 11, 2024
Motion to set aside FCA judgment relating to Impact Assessment Act dismissed
The Federal Court of Appeal has dismissed a motion to set aside an order from the same court due to the deemed unconstitutionality of the Impact Assessment Act.
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October 11, 2024
New partner joins Gowling WLG in Hamilton
A recent news release from Gowling WLG announced that Konstantine Ketsetzis had joined the firm as a partner in its corporate practice group.
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October 11, 2024
The four-minute inch | Marcel Strigberger
As Benjamin Franklin said, “In this world, nothing can be certain except, death, taxes and snails.” Ok, maybe he did not mention snails. But these slugs might just be a way to avoid taxes. To wit.
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October 11, 2024
Appeal ‘continues a pattern of frivolous and vexatious litigation,’ court says in dismissing case
Ontario’s highest court has dismissed a legal challenge by a man who said he suffered a “mental tort” because of what he felt was fraudulent research in an academic paper, saying the action “bears many of the hallmarks” of vexatious litigation.
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October 11, 2024
ACTS OF BANKRUPTCY - Fraudulent preferences, conveyances or transactions
Appeal by appellants from a judgment of the Ontario Court of Appeal which affirmed in part a judgment of the Ontario Superior Court. Golden Oaks Enterprises Inc. ("Golden Oaks") founded by Lacasse was a Ponzi scheme. The scheme eventually collapsed and both Golden Oaks and Lacasse went into receivership and made assignments in bankruptcy.
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October 11, 2024
DISCHARGE OF BANKRUPT - Conditional discharge - Upon payment of fine - Upon total or partial repayment
Application by Trustee in Bankruptcy for a conditional discharge of the bankrupt Wojciechowski ("the bankrupt") upon payment of $2,051, payable in monthly installments. Creglia objected to the discharge of a debt owed to her company, Mid-Can Roofing and Sheet Metal Ltd., ("Mid-Can") arguing it was incurred through fraudulent misrepresentation.