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As defined-contribution and combination plans continue to make headway as the designs of choice for many employers in Canada and the United States, litigation risk for sponsors is on the rise.
Monday, 17 August 2015 09:40

Penny wise, pound foolish

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b_150_0_16777215_00___images_stories_01-INHOUSE_Standard_photos_F.Garcia.jpgLegal counsel are responsible for evaluating risk and making difficult decisions and recommendations to their business partners on a daily basis. This makes in-house counsel a critical business partner. However, ironically enough, one of the most difficult positions an in-house counsel can find himself or herself in is making the business case to justify the addition of another lawyer or replacement of a lawyer to the team.
Hartland Paterson takes over his new role at SNC next month.
Hartland Paterson takes over his new role at SNC next month.
Beleaguered engineering giant SNC-Lavalin Group Inc. — which has been rocked by multiple corruption scandals in recent years — has appointed a new general counsel and has expanded the role to include formal oversight of ethics and compliance.
b_150_0_16777215_00___images_stories_01-INHOUSE_Standard_photos_renato-pontello.jpgIn my July article “Do in-house counsel need additional insurance?”, I recommended in-house lawyers who also act as corporate directors consider whether they are adequately covered by insurance and indemnification agreements.
Grant Thornton Tax Chart
Grant Thornton Tax Chart
Would businesses really be willing to pay more tax if they had more certainty on what is acceptable for cross-border tax planning?
Opening the deposit period to 120 days is causing some concern and discussion, says Aaron Atkinson.
Opening the deposit period to 120 days is causing some concern and discussion, says Aaron Atkinson.
This year, the Canadian securities regulator will propose significant changes to the takeover bid regime with the goal of providing target boards more time to respond, but will it serve to actually dampen merger and acquisition activity in the country?
Carol Hansell says there should be a process to have business laws in Ontario updated regularly.
Carol Hansell says there should be a process to have business laws in Ontario updated regularly.
In an effort to make Ontario a more competitive business jurisdiction, a panel of legal experts has made recommendations to review outdated business legislation in the province.
b_150_0_16777215_00___images_stories_01-INHOUSE_2015_July_E_Lederman.jpgEli Lederman, a partner at Lenczner Slaght Royce Smith Griffin LLP, says a recent Court of Appeal decision in Ontario adds to a growing trend that suggests trial judges may have greater freedom to determine whether parties are living up to their contractual obligations.
Monday, 20 July 2015 08:00

Making time for yourself

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b_150_0_16777215_00___images_stories_01-INHOUSE_Standard_photos_F.Garcia.jpgAs I relaxed in wonderful Mykonos, Greece, it became quite clear to me the next topic for my monthly article should be the importance of — notwithstanding the intense pressure and responsibilities of our careers — making time for you to recharge and to refresh. I have heard it said many times that we cannot afford to take time out of our busy schedules to do the things that we enjoy such as spending quality time in the evenings with our children, working out, or taking memorable trips. However, the truth is that what we cannot afford, in our careers and personal life, is burning out and allowing our work stress to adversely affect our family life and our physical and mental health.   
b_150_0_16777215_00___images_stories_01-INHOUSE_Standard_photos_renato-pontello.jpgIn the last 15 years there has been an increase in the number of lawsuits brought against in-house counsel. The tide seems to have turned with the Enron case in 2001 and in 2005 when the issue of stock-option backdating gained a wider audience. All of a sudden activist shareholders, securities regulators, and the courts seemed ready to place in-house counsel under closer scrutiny.
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