Funding Plaintiff Securities Class Actions in Canada

The race to US style litigation just went from go-cart speeds to F1.Prompted by contingency fees, promoted by the plaintiff bar, a little nitrous oxide boost by Bill 198 and recent class action certification decisions, and now we are rounding the corner to see the checkered flag.In Dugal v. Manulife Financial Corp, here, a funding agre...
Posted: 4/20/2011 12:00:00 AM by Global Administrator

Legal Developments and Emerging Risks in the D&O Market

Greg Shields appreciated the generous offer to contribute a guest blog article to the widely-followed Recovery Partners Blog.  Please see introduction from Alex Jurshevski at Recovery Partners and the link to the article below. In this latest blog posting, Recovery Partners welcomes a contribution from Greg Shields, an Insurance Profes...
Posted: 2/28/2011 12:00:00 AM by Global Administrator

Canadian Directors’ and Officers’ Liability Insurance (D&O) and the Recent IMAX Decision

Canada is seeing a material change in home-grown D&O loss experience. On Valentines day we saw a new decision in the first case to be brought under Ontario’s new, at the time, “Bill 198”, aka, part XXIII.1 of the Ontario Securities Act (the “Act”), section 138.3, which provides a statutory cause of act...
Posted: 2/22/2011 12:00:00 AM by Global Administrator

D&O Liability and Governance Discussion Points:

XBRL:Many directors and officers know nothing about the SEC deadline, of June 15, 2011, for foreign private issuers (XBRL.ca, here, says there are 350 in Canada) to meet interactive data reporting requirements (explanation of XBRL, here). I have not been able to develop an opinion on the potential ramifications of XBRL on Canadian gove...
Posted: 2/18/2011 12:00:00 AM by Global Administrator

Mitchell Sandham Provides Safety Tips in Advance of Storm

Travel with a vehicle emergency kit in anticipation of extreme weatherEnvironment Canada has issued a storm watch across areas of Ontario for today and tomorrow. In anticipation of this we are proactively reminding our clients to stay safe while driving and to ensure they have taken proper precautions within their homes as well.Below is a l...
Posted: 2/1/2011 12:00:00 AM by Global Administrator

Graphic Designers Conference

Mitchell Sandham Insurance Brokers attends DesignThinkers 2010 Conference put on by RGD (Registered Graphic Designers) Ontario.  Our insurance program for RGD Ontario members was well received!  We specialize in Errors & Omissions liability and Commercial General Liability for graphic designers.  For more inform...
Posted: 1/6/2011 12:00:00 AM by Global Administrator

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