Systemic Loss

Here is some new press that should be viewed as a great reminder of risk of systemic loss in any industry.  It is also a great example of an accepted practice being judged in hindsight as unacceptable. MetLife Settlement Near $500 million, here.  This is the CBSNEW.com version, but there are many others available.   As fa...
Posted: 4/26/2012 2:48:22 PM by MSI

Ryan Mitchell featured in Profit Magazine

Ryan Mitchell comments on risk management for small businesses. Click here to read the article featured in the April 2012 issue of Profit Magazine.  Discussion includes topics such as Risk Management, Directors & Officers Liability, Professional Liability, Errors & Omissions Liability, Cyber Liability, General Liability and Proper...
Posted: 4/10/2012 1:01:54 PM by MSI

Canadian Class Action Securities Claims: Legal Fees increase in Early Stage of Securities Claim

In Pennyfeather v Timminco Limited, here, the court determined that Plaintiff particulars can be compelled prior to the class action certification order, but, in turn, the statement of defence may be required prior to the order as well. In the Pennyfeather case the plaintiff did not provide particulars, and argued that defendant’s req...
Posted: 8/22/2011 12:00:00 AM by Global Administrator

Long Tail Liability for Canadian Directors and Officers

This new case, based on old alleged wrongful acts, hits home because it is a Canadian Company in the insurance industry that is active in the US but not listed on a regulated US exchange. The case involves a July 2011 class action securities suit against Fairfax Financial Holdings Limited (USA) and its Pink Sheet OTCBB trading,here. The all...
Posted: 8/4/2011 12:00:00 AM by Global Administrator

Mitchell Sandham Featured in Canadian Insurance Top Broker Magazine!

Mitchell Sandham is excited to have an article featured in Canadian Insurance Top Broker Magazine, called “D&O and E&O: How much is enough?” by Greg Shields.  Please click here to access the article.   
Posted: 7/8/2011 12:00:00 AM by Global Administrator

Franchisor – Franchisee Risk in Canada

I have heard many people complain about Tim Hortons donuts being smaller than the competition, and that “always fresh” donuts (actually it is doughnuts) actually means “recently frozen”, but most of us wish we owned THI shares (trading at a 53 wk HI with a 36% increase over this time last year and a 55% increase over two ...
Posted: 5/27/2011 12:00:00 AM by Global Administrator

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