Business
-
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.
-
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.
-
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.
-
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.
-
October 11, 2024
What employers need to know about executive employment contracts | Frank Portman
In my last article about executive employment contracts, I wrote about the importance of understanding the issues and interpretation of those contracts from the executive’s viewpoint. Executive employment contracts are equally important for employers, though, of course, employers have opposite priorities.
-
October 11, 2024
Prioritizing mental health in the workplace
On World Mental Health Day on Oct. 10, we were reminded of the vital role that mental health plays not just in individual lives but also within our communities and workplaces. The global conversation surrounding mental health has grown significantly over the years, yet we still face considerable barriers that impede progress.
-
October 10, 2024
Ontario Court of Appeal upholds $547K damages award against insurer for denying stolen jewelry claim
The Ontario Court of Appeal has upheld an award of $547,100, including a $45,000 punitive damages award, against an insurer that denied a claim for stolen jewelry on the basis that the insured had not established that they owned the jewelry.
-
October 10, 2024
Proposed $70M settlement reached in TD mutual funds class action
Class actions specialist Siskinds LLP has announced that a $70.25 million settlement has been reached with TD Asset Management Inc. to resolve claims of investors who held units of a TD mutual fund trust through a discount broker. It is one of seven similar actions that Siskinds has launched challenging these types of payments to brokers.
-
October 10, 2024
OSC proposes enhancing retail investors’ access to long-term illiquid assets
The Ontario Securities Commission (OSC) is seeking public comment on a proposal to permit retail investors to gain exposure to long-term illiquid assets through a new investment fund category.
-
October 10, 2024
New report highlights lack of racialized lawyers at Ontario firms, offers diversity ranking
Blink Equity, an organization founded to combat systemic racism in workplaces, has released what it calls a “landmark report” titled “The Blink Score: A Racial Diversity Audit & Ranking of Ontario Law Firms,” said to indicate a “lack of inclusion” in the profession.