July 30, 2024Patricia TaylorLegal Advice0 Comments

Canadian Securities Administrators Drill Down on Trends in Investment Frauds

On June 27, 2024 the CSA commented on a national survey that sees an increase of 5 percentage points in fraud reports in the investment arena of since 2020. The CSA noted that how investors manage their investments has changed and Do it Yourself investing and reliance on social media...

Supreme Court of Canada Clarifies the Treatment of Administrative Penalties and Disgorgement Orders in Bankruptcies: Now What?

On July 31, 2024, seven judges (two judges dissenting in part) of the Supreme Court of Canada reversed a BC Court of Appeal decision regarding discharge of bankruptcy for investment fraudsters. The Court determined that $13.5 Million in administrative penalties do not survive a discharge from bankruptcy. The Court agreed...

BC Court of Appeal gives Guidance on Evidentiary Standards in Oppression Actions

In the context of a family shareholder oppression action, the BC Court of Appeal clarified the evidentiary standards in oppression actions. On appeal, the Appellants challenged a decision made in a petition seeking shareholder oppression relief under section 227 of the Business Corporations Act, S.B.C. 2002, c. 57. The chambers...

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Canadian Securities Administrators Drill Down on Trends in Investment Frauds

Supreme Court of Canada Clarifies the Treatment of Administrative Penalties and Disgorgement Orders in Bankruptcies: Now What?

BC Court of Appeal gives Guidance on Evidentiary Standards in Oppression Actions

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