Lending to Limited Partnerships: Lessons from the Cerieco Decision

The Ontario Superior Court of Justice decision in Ontario Securities Commission v. Bridging Finance Inc. et al. (for the purposes of this article, the “Cerieco decision”) arose out of a claims process in the receivership related to the collapse of Bridging Finance Inc. While the broader litigation and regulatory context was complex, the portion of …

Delaware Corporate Law to Follow Canadian Corporate Law

Corporate lawyers in Canada tend to follow decisions of the Delaware Courts involving corporate governance and shareholder matters, as decisions of the Delaware Courts are often a bellwether as to how certain aspects of corporate law may evolve in Canada, or at least be considered. The recent Decision of the Delaware Court of Chancery, West …