On July 31, 2024, the Supreme Court of Canada provided clarity regarding the treatment of administrative monetary penalties and disgorgement orders resulting from securities violations in Poonian v. British Columbia (Securities Commission).
Thalbinder Singh
Continue Reading 2024 Notable Cases (Part 5) – Supreme Court Clarifies Bankruptcy Treatment of Securities Penalties and Disgorgement Orders
On November 29, 2024, the Court of King’s Bench of Manitoba in WSIB Investments (Infrastructure) Pooled Fund Trust v. Plenary Group (Canada) Ltd., awarded over $259 million to the plaintiffs (an employee pension fund
Continue Reading 2024 Notable Cases (Part 4) – $259M Disgorgement Ordered for Breach of Fiduciary Duty
In the summer of 2024, Baker McKenzie obtained a trial judgment in fraud in CHU De Québec-Université Laval v. Tree of Knowledge International Corp. This decision provides clarity on the application of the “recklessness” standard
Continue Reading 2024 Notable Cases (Part 3) – Civil Fraud and Personal Liability Established by Finding that a Corporate Officer’s Conduct was Reckless
The bankruptcy of Aiden Pleterski, the self-proclaimed ‘Crypto King’ began on August 9, 2022, with a court application brought by Baker McKenzie on behalf of a group of investors. This case garnered significant media attention
Continue Reading 2024 Notable Cases (Part 2) – Bankruptcy of the Crypto-King and Related Rulings
As we enter 2025, we look back on five important decisions that made the news in 2024. Here is the the first case.
On October 11, 2024, the Supreme Court of Canada released two decisions
Continue Reading 2024 Notable Cases (Part 1) – Supreme Court clarifies Corporate Attribution Doctrine
Mareva orders, also known as freezing orders, may be granted when there is a risk that a defendant might move its assets out of reach of the court’s jurisdiction. Mareva orders can freeze assets owned
Continue Reading Creditors seeking enforcement of claims to a Mareva defendant must come with clean hands