In-House Counsel
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July 25, 2025
Newfoundland and Labrador Court of Appeal allows third party in 10-year oilfield services dispute
The Newfoundland and Labrador Court of Appeal has breathed new life into a complex legal battle that has been mired in the pleadings stage for over a decade, ruling that St. John’s-based TechnipFMC Canada Ltd. can be added as a third party to a lawsuit between diving contractor James Hynes and Mount Pearl, N.L.-based Professional Diving Contractors Limited, which does business as Pro-Dive Marine Services.
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July 25, 2025
Protecting the interests of minority shareholders in unanimous shareholders’ agreements
Minority shareholders, by virtue of their minority status, may not have the power or leverage to heavily negotiate the terms of a unanimous shareholders’ agreement (USA). To that end, USAs can impose harsh realities on minority shareholders.
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July 25, 2025
Acting for both buyer and seller: Court finds no conflict of interest by mortgage agent
In Ontario, the Mortgage Brokerages: Standards of Practice (Ontario Regulation 188/08) requires that mortgage brokerages and agents disclose in writing to a prospective borrower or lender whether they are acting for the lender, the borrower, or both. While there is no prohibition against acting for a lender and borrower in a transaction, steps should be taken to ensure the paperwork accurately describes the involvement of the broker or agent.
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July 25, 2025
Is generative AI a threat to the integrity of the justice system?
The use of generative artificial intelligence in the legal profession is continuing to grow. Although its application may have value in some areas of practice, its use in litigation has raised significant ethical questions because of the tendency for AI platforms to hallucinate cases. In circumstances where a court relies on fake cases to influence a decision, the integrity of the administration of justice and the legal profession can be irreparably tarnished.
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July 24, 2025
Securities regulator takes steps to ease access to Bank of Canada fund for some investment funds
In a bid to promote market stability, the Canadian Securities Administrators (CSA) has announced coordinated blanket orders to help make the Bank of Canada’s Contingent Term Repo Facility (CTRF) fund more accessible to eligible investment funds.
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July 24, 2025
Federal Court rules against Ottawa in Cold Lake military base tax dispute
The Federal Court of Appeal has ruled in favour of the City of Cold Lake, Alta., in a significant dispute over payments in lieu of taxes for a military base, finding that a federal minister failed to properly justify her decision on property valuations worth tens of millions of dollars.
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July 24, 2025
CSA report finds three concerns relating to CIRO’s regulatory processes
The Canadian Securities Administrators (CSA) has released a new report titled “Oversight Review Report of the Canadian Investment Regulatory Organization” (CIRO), evaluating whether CIRO has complied with terms and conditions of its recognition orders.
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July 24, 2025
Manitoba groups getting almost $1 million for accessibility projects
Manitoba is giving $820,000 to numerous community organizations in a bid to tear down barriers and improve accessibility for those with disabilities.
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July 24, 2025
AI liability is rising: How will insurers respond?
AI is making its way into nearly every industry, but what happens when it causes harm? Who is legally responsible? Courts, lawmakers — and insurers — are still figuring that out. Recent cases and studies provide some insight into how tort law may evolve.
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July 23, 2025
G20 finance ministers discuss international tax reforms and debt relief framework in South Africa
Finance ministers and central bank governors from the world’s 20 largest economies (G20) have concluded their third meeting of the year in Durban, South Africa, by endorsing several initiatives with potential legal and regulatory implications for international finance and taxation.