Canada: Club Resorts Ltd. v. Van Breda, 2012 SCC 17 (Companion Cases: Breeden v. Black, 2012 SCC 19; Éditions Écosociété Inc. v. Banro Corp., 2012 SCC 18) - McCarthy Tétrault LLP
In this long-awaited decision, the Supreme Court of Canada provides clarity on the "real and substantial connection" test used by courts in determining whether to assume jurisdiction over a matter.
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New York Times Co. To Sell Boston Globe Amid Changing Media Landscape
The Times they are a-changin’ — again. The New York Times Co., parent company of the Gray Lady, plans to sell The Boston Globe, the venerable newspaper founded in 1872 by six Boston businessmen. The sale, which has been expected, is another indication of the rapidly changing U.S. media landscape, as the Internet transforms traditional media companies and new upstarts rise to challenge them. The decision to sell The Globe (part of the New England Media Group) is the first major action undertaken by new Times Co. CEO Mark Thompson, the former head of British Broadcasting Corp. For the last several years, The Times has been shedding assets and developing a new strategy centered around video, mobile devices, social media, and international growth. In short, The Times aims to become the premier global news organization, one deeply rooted in technology. “Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New ...
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Canada: Enforcement Of Anton Piller Orders - Lerners
As discussed in my last blog post, the Supreme Court of Canada articulated the four essential conditions that must be met for granting an Anton Piller order in the landmark Celanese Canada Inc. v. Murray Demolition Corp decision.
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What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire
Billionaire mogul Rupert Murdoch‘s plan to split his giant media conglomerate News Corp. into two independent publicly traded companies began to take shape Monday, after the company announced a flurry of management and organizational changes ahead of the breakup. The moves are further evidence of Murdoch’s plan to focus on entertainment assets — he’s making a big push into regional U.S. sports television ahead of a possible national Fox sports network — as News Corp. seeks to regain its footing after a tough phone-hacking-and-police-corruption scandal involving its U.K. newspaper business. Perhaps the most striking news, from a technology and media perspective, is the announcement that News Corp. plans to close The Daily, the New York-based iPad newspaper that was launched to great fanfare less than two years ago. To start with, Murdoch announced that Wall Street Journal managing editor Robert Thomson, a former top editor at The Times of London and the Financial Times, will become ...
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United States: Fourth Circuit Follows Cigna v. Amara Dictum Expanding The Scope Of Relief Under ERISA’s Catch-All Provision - Goodwin Procter LLP
A year after the Supreme Court decided CIGNA Corp. v. Amara, courts continue to weigh the impact of that decision, particularly the scope of the available remedies against breaching fiduciaries under ERISA’s "catch-all" provision, Section 502(a)(3), which authorizes "other appropriate equitable relief."
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