The sound you heard coming from Bay Street last week may have been the collective sigh of relief from issuers of public securities, underwriters, and corporate lawyers. Or perhaps it was the cry of outrage from investors. Last Friday, the SCC released its much anticipated decision in Kerr v. Danier Leather Inc., 2007 SCC 44, [...]

On October 11, 2007, the Supreme Court of Canada is scheduled to hear the appeal in Jedfro Investments v. Jacyk, a case which deals with the question of what happens to the enforceability of a contract when all parties to that contract engage in actions which show they do not intend to comply with its [...]

This past Tuesday, a group of student editors from The Court, along with our faculty advisor, Simon Fodden, took a visit to the Supreme Court of Canada. We attended the hearing in Kerr v. Daniel Leather, a securities case dealing with an issuer’s disclosure obligations during the prospectus process. Simon Archer, who came along for [...]

Tomorrow, the Supreme Court of Canada will hear the appeal in the Danier Leather case, a case which has been followed by the securities bar and is, sadly, not about bawdy houses in Montreal. At issue in this case is the interpretation of some key terms and provisions in the Securities Act (Ontario) (“material change” [...]