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Canada: The Second Opinion: International Uranium Dispute Undermined By The Hague Convention - McCarthy Tétrault LLP

The Russian Ministry of Justice refused to permit service on the two subsidiaries of the state-controlled Atomic Energy Corporation, citing concerns with sovereignty and national security.        

canada convention corporation energy hague international justice llp mccarthy tétrault ministry opinion russian securities service

Found more than 1 month ago on channel Mondaq

Canada: Supreme Court Of Canada Rules On Specific Performance And The Single Purpose Corporation - Cassels Brock

The majority decision of the Supreme Court of Canada in Southcott Estates v. Toronto Catholic District School Board, written by recent appointee Madame Justice Karakatsanis, explores the responsibilities of a single-purpose corporation purchaser of land to mitigate its loses when seeking specific performance and reaffirms the difficulty in obtaining this remedy from the courts.

brock canada cassels catholic corporation court decision district estates justice karakatsanis madame majority performance responsibility southcott supreme toronto

Found more than 1 month ago on channel Mondaq

Justice Sues S&P, But What Purpose are Ratings Agencies Serving Anyway?

Most of the time, court cases are manna for journalists. The politicians and corporations we cover aren’t in the habit of dishing out information they don’t want the public to know. But along comes a lawsuit, and the parties are often forced to put a lot of juicy details on the public record. So when the Justice Department yesterday announced a joint federal and state lawsuit against the ratings agency Standard & Poor’s for defrauding investors in the run up to the financial crisis with its overly optimistic ratings of mortgage-related investments, I was excited to see what new dirt the complaint would unearth. Much to my chagrin, however, the complaint is a fairly mundane read  for the simple fact that we have known for years that the ratings agencies were hamstrung by a fundamental conflict of interest: They are paid by the sellers of securities rather than the buyers. So during the inflation of the real estate bubble in the early 2000s, as investment banks scrambled to package ...

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Found more than 1 month ago on channel TIME Business

Canada: Federal Court Reasons In Sentencing Decision Create Uncertainty For Canadian Competition Bureau's Leniency Program - Davies Ward Phillips & Vineberg

Reasons delivered by Chief Justice Paul Crampton of the Federal Court of Canada in relation to sentencing an accused corporation in R. v. Maxzone Auto Parts (Canada) Corp. create uncertainty for entities considering use of the Competition Bureau's Leniency Program in relation to cartel offences under the Competition Act.

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Found more than 1 month ago on channel Mondaq

Canada: Ontario Court Dismisses Billion Dollar Damages Claim Relating To Moratorium On Offshore Wind Farms - Osler, Hoskin & Harcourt LLP

On October 5, 2012, the Ontario Superior Court of Justice struck out an action brought by Trillium Power Wind Corporation (Trillium) against the Ontario government seeking $2.5 billion in damages.

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Found more than 1 month ago on channel Mondaq