There were six substantive civil decisions released by the Court of Appeal this week. There were many criminal decisions released.
In Wall v. Shaw, the Court determined that there is no limitation period to objecting to accounts in an application to pass accounts in an estates matter. A notice of objection is not a “proceeding” within the meaning of the Limitations Act, 2002.
Following are the summaries for the civil decisions released by the Court of Appeal this week.
There were two wrongful dismissal cases this week. One was brought by a physician against Sick Kids Hospital. The Court found against the Hospital and allowed the appeal, remitting the matter back to the Superior Court for a determination of the damages. The second involved the breach of fiduciary duty of a senior officer of a public company who was found to have been self-dealing. The Court confirmed that the breach of fiduciary duty constituted just cause for termination.
(12) 信托计划中受托人对股权投资应当如何进行管理?
实践中,信托计划受托人取得股权主要基于两种情形,一是基于受托而取得股权,即委托人将自己合法持有的股权作为信托财产,转移至受托人管理和处分;二是基于投资而取得股权,即委托人先把自己合法持有的信托资金或其他财产转移至受托人,进而由受托人通过管理、运用该等受托财产,以增资、受让等方式投资取得股权并对该等股权进行管理和处分。
基于受托人取得股权的不同情形,受托人对股权投资的管理责任不完全相同。
如受托人系基于受托取得股权,受托人的股东身份更接近“名义股东”,其对投资股权的管理主要受限于信托合同约定的信托财产的运用及管理方式。
回购条款作为资管产品中常见的增信措施,资管新规对其有何影响?
资管新规之前,回购条款的效力得到法院普遍认可
回购条款本质上是一种逆向的、独立的交易行为,属于合同债权的范畴。其虽然具有一定的债权保障作用,但不构成债权担保的从属性,更不具有担保物权的优先受偿功能。因此,回购条款并非我国的法定担保形式。
资管新规之前,司法实践中,法院在考察当事人意思表示和内容的合法性基础上,一般会认可回购条款的合法有效性。
在“重庆国际信托股份有限公司与安徽三联实业发展有限公司等合同纠纷案”(〔2015〕渝高法民初字第00025号)中,法院认为,“《资产收益权转让及回购协议》系当事人的真实意思表示,不违反法律、行政法规的强制性规定,合法有效。结合信托公司提供的营业执照和金融许可证上载明的内容,信托公司签订的上述合同不违反金融监管部门核准的经营范围;且本案合同所涉的借款资金来源并不影响借款合同本身的效力。”
Good evening,
Below are this week’s summaries of the civil decisions of the Court of Appeal.
Topics this week included personal injury, family law, employment law, property law, mortgages, bankruptcy and insolvency and extensions of time to appeal.
Have a nice weekend.
Below are this week’s summaries of the civil decisions of the Court of Appeal.
Congratulations to our very own Bill Anderson for succeeding on our client’s appeal in Holmes v. Hatch Ltd., 2017 ONCA 880.
In this Employment law decision, the Court of Appeal allowed the appeal from the motion judge’s decision granting summary judgment against our client on the basis that the motion judge was not at liberty to find liability on a legal theory that was not pleaded by the plaintiff and which our client did not have an opportunity to properly address in the evidence.
Good evening.
Below are the summaries of this week’s civil decisions of the Court of Appeal for Ontario.
There were four substantive civil decision released this week. The first, Sturino v. Crown Capital Corporation is a priority dispute in the receivership context. The second, Iroquois Falls Power Corporation v. Ontario Electricity Financial Corporation involved a motion to stay a Superior Court order pending the determination of a leave application to appeal to the Supreme Court of Canada (the stay was denied). The third, Silva v.
Hello,
Hello everyone,
The Court of Appeal has released a variety of cases this week dealing with such topics as wrongful dismissal, bankruptcy and insolvency, pensions, real estate, and residential landlord and tenant. The most notable decision by far this week is the Groia v. The Law Society of Upper Canada decision in which the court dismissed the member’s appeal from his conviction for professional misconduct. Apparently, according to the Toronto Star, Mr. Groia will be seeking leave to appeal to the Supreme Court of Canada, so this long-running saga is not over yet.