Artificial Intelligence has stolen the spotlight of 2023. In particular, ChatGPT has become the fastest-growing application in history, reaching the milestone of 100 million users in its first few months of public availability. While numbers are not proof of anything, they do reinforce what many have been saying since ChatGPT’s release: we may have reached […]
In discussing the level of specificity that the Personal Property Security Act (the “PPSA” or “Act”) demands, then New Brunswick Appellate Court Justice, Joseph Robertson, said it best when he candidly wrote at paragraph 67 of GMAC Leaseco Ltd. v. Moncton Motor Home & Sales Inc. (Trustee of) 2003 NBCA 26: The legislation lays down […]
Corporations incorporated under the Business Corporations Act (New Brunswick) (the “Act”) are now required to collect significantly more share ownership information than what has historically been required.
As discussed in our previous article, Amendments Affecting All Newfoundland and Labrador Corporations, amendments to the Newfoundland and Labrador Corporations Act come into force on 1 April 2022. These amendments will affect and require action by all corporations incorporated in Newfoundland and Labrador, and have the potential for unexpected changes (particularly requirements for increased disclosure […]
The pandemic continues to wreak havoc on many industries. Whether it is supply chain issues, employee absences, or rental disputes, those relationships are all governed by contracts. Halifax litigation lawyer, John Boyle outlines recent court decisions and how to assess your own contracts.
In November, the House of Assembly of Newfoundland and Labrador passed Bill 24, which set out amendments to the province’s Corporations Act (the “Act”). The amendments, which come into force 1 April 2022, are notable and require attention as they will impose new obligations upon most corporations incorporated in the province. In summary, the amendments: […]
An oppression remedy is a statutory remedy that courts can apply when the conduct of a corporation or its directors is found to be prejudicial or harmful to the interests of a specific stakeholder of the corporation (i.e., shareholders, officers, directors, creditors, etc.). In rectifying the oppression, courts will consider the reasonable expectations of the […]
In 6362222 Canada Inc. v Prelco Inc., 2021 SCC 39 (38904) (“Createch v Prelco“), the Supreme Court of Canada considered the issue of whether a limitation of liability clause in a contract between the two parties was invalid on the basis of the doctrine of breach of a fundamental obligation. The Court ultimately held that […]
Nova Scotia’s Sustainable Development Goals Act (the “SDGA”), passed in 2019, sets out the province’s renewable energy (“RE”) targets, including the reduction of greenhouse gas emissions by at least 53% below 2005 levels by 2030 and net zero emissions by 2050. And, following on the federal government commitment to source 100% renewable electricity for federal […]
On August 17th, a provincial election was held in Nova Scotia. Contrary to what the polling and pundits were predicting, Tim Houston led his PC party to a majority win. Premier Tim Houston announced his new Executive Council on August 31.