Banking, Bankruptcy & Insolvency
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September 02, 2025
Ontario implements new framework to return disgorged funds to investors
New rules governing the distribution of funds collected under disgorgement orders to investors who have incurred direct financial losses as a result of violations of Ontario securities law came into effect on Sept. 1, 2025.
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September 02, 2025
Carney cabinet set to chart Ottawa’s way forward on crime, ‘major projects,’ defence & free trade
As MPs ready their Sept. 15 return to the House of Commons, Prime Minister Mark Carney and his cabinet are meeting for two days in Toronto to strategize how to move forward with the Liberal government’s fall priorities, which include combatting crime, fast-tracking major infrastructure projects including building affordable homes, and “advance the beginnings of Canada’s preparations” for the 2026 joint review of the Canada-U.S.-Mexico Agreement (CUSMA) on free trade.
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August 19, 2025
Bankruptcy and insolvency lawyer Elie Khoury joins Langlois
Langlois has welcomed Elie Khoury to its litigation group in Montreal.
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August 12, 2025
Yukon brings changes to help residents create ‘enduring’ powers of attorney
Yukon has brought into force legislative changes allowing residents to officially designate a power of attorney without having to hire a lawyer.
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August 08, 2025
New N.S. AI guidebook warns of over-reliance in legal practices
Nova Scotia’s law society is using a new guidebook to warn members against becoming over-reliant on artificial intelligence in their practices — and urging them to heed instances where lawyers ended up in hot water over its misuse.
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August 08, 2025
CJC issues expression of concern over Federal Court judge’s failure to disclose workplace probe
The Canadian Judicial Council (CJC) has issued a public expression of concern regarding Federal Court Justice Negar Azmudeh for failing to disclose an ongoing workplace harassment investigation during her judicial application process.
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August 05, 2025
Ontario Superior Court judge receives reprimand for 14-month delay in correcting sentencing error
A review panel of the Canadian Judicial Council (CJC) has issued a public reprimand to Justice Andrew J. Goodman of the Ontario Superior Court of Justice for his failure to promptly correct a significant sentencing error, concluding that his 14-month delay in addressing the mistake constituted “injudicious conduct” that undermined public confidence in the administration of justice.
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August 07, 2025
Ontario court awards $291K to estate in promissory notes case, rejects corporate veil claim
In a decision offering guidance on multiple legal issues, an Ontario Superior Court judge has awarded summary judgment of nearly $291,000 to the estate of a deceased lender in a case involving two unpaid promissory notes, while rejecting attempts to hold a corporate executive personally liable for the debts.
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August 06, 2025
FINTRAC publishes new supervisory framework, tightens administrative penalty policy
Canada’s anti-money laundering watchdog has published its comprehensive supervisory framework and unveiled a more streamlined administrative monetary penalties policy.
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August 05, 2025
Carney announces $1.25B program to boost softwood lumber industry
Prime Minister Mark Carney has announced plans to spend more than $1 billion to boost the competitiveness of Canada's softwood lumber industry. The federal government will channel separate amounts of $700 million, $500 million and $50 million to respective areas of the sector to help it better withstand ongoing and increasing U.S. duties.