Banking, Bankruptcy & Insolvency
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June 21, 2024
Ontario Court overturns finding that company directors were personally liable in property dispute
The Ontario Court of Appeal has overturned a finding that the directors of two companies were personally liable for the proceeds of the sale of a property that was the subject of a joint venture dispute.
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June 21, 2024
Court of Appeal rules $730K business debt for pipeline cleanup not covered by B.C. environmental law
The British Columbia Court of Appeal has allowed an appeal in a ruling that found that the lower court judge erred in determining that a creditor’s recovery claim for environmental remediation work related to a pipeline spill involved issues to be tried, rather finding that there was no cause of action.
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June 21, 2024
3 judicial appointments in Ontario
Minister of Justice and Attorney General of Canada Arif Virani announced in a June 18 press release three judicial appointments to the Superior Court of Justice of Ontario: Barbara A. MacFarlane, Colleen Yamashita and S. James Mountford.
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June 20, 2024
Ottawa lists Iran’s Islamic Revolutionary Guard Corps as a terrorist entity in Criminal Code
The Government of Canada listed the Islamic Revolutionary Guard Corps (IRGC) of Iran as a terrorist entity under the Criminal Code, effective June 19, 2024.
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June 20, 2024
New partner joins Gowling in Toronto
A recent news release from Gowling WLG announced the addition of partner Asim Iqbal in the firm’s corporate restructuring, insolvency and advisory group.
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June 18, 2024
More Russians sanctioned for complicity in Putin regime’s responsibility for death of Alexei Navalny
Ottawa has sanctioned 13 additional senior officials and high-ranking employees of Russia’s investigation agency, penitentiary service and police force, who Global Affairs Canada says “were involved in the ill-treatment and death” of Alexei Navalny, the Russian opposition leader who survived the Putin regime’s attempt to fatally poison him in 2020, only to die this year in a Russian prison.
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June 17, 2024
New partner joins Dentons Calgary
A new partner has joined the Calgary office of Dentons, a news release from the firm announced recently. The addition of Mark Ricketts helps to expand the firm’s banking and finance group, and he is also a part of the firm’s real estate group.
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June 14, 2024
Law requires Ottawa to roll out national strategy to combat ‘environmental racism’ within two years
Calling it “a significant milestone in the fight for environmental justice,” the federal Green party hailed the imminent enactment of its “groundbreaking” private member’s bill that requires Ottawa to roll out within two years a “national strategy” to mitigate the harmful fallout from “environmental racism” — which the party said disproportionately exposes marginalized, racialized and Indigenous communities to environmental hazards.
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June 13, 2024
New asset freezes, entry bans & export prohibitions target Russian war of aggression against Ukraine
Canada has aimed new sanctions and export prohibitions at participants in Russia’s military-industrial complex, in a co-ordinated move with other countries on the first day of the G7’s three-day summit in Italy.
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June 12, 2024
Saskatchewan regulator details strategic plan progress for 2023
Saskatchewan’s law society made strides last year in rolling out parts of its current Strategic Plan — particularly in promoting diversity and equality, ensuring the competence of new lawyers and increasing access to justice for the incarcerated.