131 total
The court permitted plaintiffs' counsel to retain over $5.6 million in costs under a contingency fee agreement.
The plaintiffs' counsel, Rochon Genova LLP, sought an order to retain costs awarded by various courts, including post-judgment interest, as part of their contingency fee agreement.
The total amount of costs sought was over $5.6 million, bringing their total compensation to over $7.4 million.
The defendants took no position as the costs had already been paid.
The court approved the request, finding the contingency fee agreements fair and reasonable given the exceptional circumstances, high risk, complexity, and two-decade duration of the litigation, which involved novel claims and a protracted procedural history.
The court confirmed the request complied with section 28.1(8) of the Solicitors Act, noting no excessive fees or 'double-dipping.'
Appeal of oppression remedy and breach of contract findings dismissed; trial judge made no palpable errors.
The appellants appealed a trial judgment awarding the respondents damages for oppression.
The trial judge found that the parties had entered into an oral agreement and a shareholders' agreement for the respondents to receive a 20 percent equity share in a new car dealership, which the appellants breached by excluding the respondents and obtaining the dealership through a different corporate entity.
The Divisional Court dismissed the appeal, finding no palpable and overriding error or extricable error of law in the trial judge's conclusions regarding the existence of the agreements, the breach, the respondents' standing as complainants under the Business Corporations Act, and the finding of oppression.
Mutual fund managers breached duty of care by permitting frequent short-term trading that diluted unitholders.
The plaintiffs brought a class action against mutual fund managers for allowing certain investors to engage in frequent short-term trading (market timing/time zone arbitrage), which allegedly diluted the returns of long-term unitholders.
The court found that the defendants owed a duty of care to the funds and breached the standard of care by failing to prevent, and actively facilitating, frequent short-term trading contrary to their prospectuses.
However, the court dismissed the claim for breach of fiduciary duty, finding no bad faith or dishonesty.
The matter was directed to proceed to a damages trial.
The Court of Appeal awarded full costs to the respondents despite mixed success on the appeal.
This is a costs endorsement following complex grouped appeals and a cross-appeal concerning claims by 28 former residents of the Oak Ridge Division of the Mental Health Centre against His Majesty the King in Right of Ontario and two physicians.
The Court of Appeal had largely upheld the trial judge's findings on liability for breach of fiduciary duty and battery, with minor reductions in damages.
The appellants sought a significant reduction in the respondents' costs for the appeal and a reduction in the trial costs.
The court awarded the respondents the full amount of their claimed appeal costs, finding that despite mixed success, the trial judgment remained largely intact and the costs claimed were reasonable given the complexity.
The court also declined to vary the trial costs, deeming the overturned $1,000 judgment a minor part of the overall proceedings.
Court approves discontinuance of securities class action against underwriters to allow certification against remaining defendants.
The plaintiff in a securities class action brought a motion to discontinue the action against the underwriter defendants and to unconditionally certify the primary market misrepresentation claim against the remaining corporate and individual defendants.
The action had been stalled due to an appeal regarding the disclosure of prospectus purchasers needed to find a representative plaintiff against the underwriters.
The court approved the discontinuance under section 29 of the Class Proceedings Act, 1992, finding it was in the best interests of the class to avoid further delay and proceed against the remaining defendants, who were jointly and severally liable and financially capable of satisfying a judgment.
Court of Appeal largely upholds liability and damages for historic institutional abuse at psychiatric facility.
The respondents were involuntarily admitted to a maximum-security psychiatric facility between 1966 and 1983, where they were subjected to experimental and abusive treatment programs, including mind-altering drugs and severe solitary confinement.
The trial judge found the province and the treating physicians liable for breach of fiduciary duty, battery, and assault, awarding substantial general and punitive damages.
On appeal, the Court of Appeal upheld the findings of breach of fiduciary duty and battery for certain respondents, but reversed the findings of assault and battery for others due to a lack of direct physical interference or imminent threat.
The Court rejected defences based on Crown immunity and historic limitation periods, and largely upheld the damages awards, including those exceeding the Andrews cap, while making specific adjustments for individual respondents.
Leave granted for securities class action misrepresentation claims; July 2012 disclosure accepted as possible public correction.
In a supplementary decision on a motion for leave to commence a secondary market securities class action, the court considered whether certain disclosures constituted public corrections of alleged misrepresentations made by the defendants in February and March 2012 regarding a mining project's capital expenditure budget and schedule.
The court found a reasonable possibility that the plaintiffs could prove the July 2012 disclosure was a partial public correction, but rejected subsequent disclosures in November 2012 and April 2013 as public corrections.
Leave was granted to proceed with the misrepresentation claims against the corporate defendant and two individual certifying officers.
The court awarded carriage of a securities class action to the proceeding with a broader class period and more defendants.
This decision concerns a carriage motion between two proposed securities class actions, Kennedy v. Akumin Inc. and Longair v. Akumin Inc., brought under the amended Class Proceedings Act, 1992.
The court applied the new s. 13.1 of the CPA, which mandates a focus on efficiency and likelihood of success in advancing class members' claims.
The Longair action proposed a broader class period, alleged more categories of misrepresentation, and named additional defendants, including the company's auditor.
The court found that the Longair action better advanced the goals of access to justice and behaviour modification by encompassing more viable claims and defendants, despite some reservations about the claim against the auditor.
Carriage was granted to the Longair action, and the Kennedy action was stayed.
Motion to stay a production order pending appeal granted.
The moving parties (defendants) brought a motion to stay a production order issued by Perell J. pending the disposition of their appeal.
The Divisional Court granted the motion and ordered the stay.
The court upheld an arbitral tribunal's valuation of a ground lease, finding no errors in contractual interpretation or excess of jurisdiction.
The Landlord sought leave to appeal an arbitration award concerning the rent reset for a 99-year ground lease, and alternatively, to set aside the award for excess of jurisdiction.
The arbitration tribunal had valued the "Demised Premises" at $63.3 million, while the Landlord argued for $95 million.
The court granted leave to appeal but dismissed the appeal, finding no error in the Majority's interpretation of the lease or its valuation mandate.
The court also dismissed the application to set aside the award, holding that the Landlord's arguments were an attempt to re-litigate the merits under the guise of a jurisdictional challenge.
Leave for a securities class action regarding mining project cost overruns was largely denied.
The plaintiffs sought leave under the Securities Act to commence a class action against Barrick Gold Corporation and certain officers/directors for alleged misrepresentations in public disclosures concerning the Pascua-Lama mining project.
The court dismissed most of the alleged misrepresentations due to a lack of precision in pleading and insufficient credible evidence, particularly regarding accounting and contingent liability claims, and October 2011, May 2012, November 2012, and March 2013 capex/scheduling claims.
However, the court found a reasonable possibility of success for certain capex budget and scheduling misrepresentations made in February and March 2012, but required further submissions on the issue of public correction for these.
Claims against two individual defendants were dismissed due to their tenure or lack of evidence.
Class action settlement of $125 million and class counsel fees of $37.5 million approved.
The plaintiffs brought a motion to approve a $125 million settlement in a class action against a major bank for secondary market misrepresentation related to subprime mortgage investments.
The plaintiffs also sought approval of class counsel fees of $37.5 million, representing a 30% contingency fee.
The court found the settlement to be fair and reasonable, noting the significant litigation risks the plaintiffs faced, including a due diligence defence and challenges to damages calculations.
The court also approved the requested counsel fees, emphasizing the substantial risk undertaken by class counsel over 14 years of litigation and the excellent result achieved for the class.
Venue transfer to Barrie denied due to uncertainty of local courtroom availability and Toronto's specialized resources.
The defendants brought a motion to transfer a class action regarding alleged systemic abuse at a psychiatric facility from Toronto to Barrie.
The court applied a holistic approach to the factors under Rule 13.1.02(2)(b) of the Rules of Civil Procedure.
While Barrie had proximity to the facility and witnesses, the Regional Senior Justice noted that due to courtroom availability and backlog, a trial in Barrie might ultimately be moved elsewhere in the Central East Region.
The court concluded that Toronto's judicial resources and specialized class action judges would better ensure a just and expeditious determination.
The motion to transfer was dismissed.
Interlocutory stay granted pending motion for leave to appeal an order requiring disclosure of investor information.
The moving parties sought an interlocutory stay of an order requiring them to disclose identifying information of primary market investors, pending their motion for leave to appeal that order.
The Divisional Court granted the stay on an interim basis, finding that the motion for leave to appeal had some prospect of success, the moving parties would suffer irreparable harm if the disclosure was made before the leave motion was decided, and the balance of convenience favoured a brief delay.
The court emphasized that interim stays pending leave to appeal should be addressed expeditiously to minimize prejudice.
The substantially successful appellants were awarded agreed costs of $60,000 for the appeal.
The Court of Appeal for Ontario issued a costs endorsement following its decision on an appeal concerning leave to proceed under the Ontario Securities Act.
The appellants had challenged the motion judge's denial of leave for certain alleged financial misrepresentations.
The Court of Appeal found the motion judge erred in principle on this central issue, remitting it for redetermination.
As the appellants were substantially successful on the appeal, they were awarded $60,000 in all-inclusive costs for the appeal.
The costs of the original motion for leave were deferred to the judge determining the remitted issue.
Securities class action certified; plaintiff given 100 days to recruit representative for primary market claims.
The plaintiff brought a proposed class action against Aphria Inc., its directors/officers, and several underwriters, alleging misrepresentations in both the primary and secondary markets regarding two corporate acquisitions.
The plaintiff sought leave to discontinue certain claims, leave to assert secondary market claims under the Securities Act, and certification of the class action.
The court granted the discontinuances and leave for the secondary market claims, certifying them on consent.
For the primary market claims against the underwriters, the court held that the 'Ragoonanan Principle' still applies in Ontario, meaning a representative plaintiff must have a direct cause of action against each defendant.
Since the plaintiff only purchased shares in the secondary market, it could not represent primary market purchasers.
However, the court conditionally certified the primary market claims, giving class counsel 100 days to recruit an eligible representative plaintiff who purchased shares in the prospectus offering.
Plaintiffs awarded $4.9 million in partial indemnity costs following a 71-day trial.
Following a 71-day trial where the plaintiffs were awarded nearly $10 million in damages, the plaintiffs sought costs of approximately $8.5 million on a substantial indemnity basis or $5.3 million on a partial indemnity basis.
The defendants argued that substantial indemnity costs were unwarranted and that the partial indemnity claim included costs for interlocutory matters already decided.
The court found no reprehensible conduct by the defendants to justify an elevated scale of costs.
Applying the partial indemnity scale and deducting amounts attributable to prior interlocutory motions, the court fixed the plaintiffs' costs at $4,900,000 all-inclusive.
Carriage of COVID-19 long-term care class action granted to consortium pursuing joint and several liability.
Two competing class counsel groups sought carriage of a proposed class action against the Province of Ontario regarding COVID-19 outbreaks in long-term care homes.
The Nisbet Action proposed suing Ontario solely for its several liability to avoid third-party claims and expedite certification.
The Robertson Action proposed a conventional joint and several liability approach, expecting third-party claims between Ontario and long-term care operators.
The court granted carriage to the Robertson Action, finding that the several liability approach offered no early-stage advantage and would create significant disadvantages in later-stage litigation, including potential unfairness to the defendant and risks of unrecovered losses for class members.
Motion for leave to appeal granted with costs reserved to the appeal panel.
The moving parties brought a motion for leave to appeal an earlier order.
The Divisional Court granted the motion for leave to appeal.
The entitlement to costs of the motion was reserved to the panel hearing the appeal, with the quantum fixed at $5,000.
The Court of Appeal remitted a securities class action leave motion, ruling that public correction analysis requires considering market context.
The appellants, proposed representative plaintiffs in a securities class action, appealed a motion judge's order that granted leave for one misrepresentation claim but denied leave for others under the Ontario Securities Act.
The primary issues on appeal concerned the motion judge's approach to determining "public correction" of alleged misrepresentations, particularly by assuming falsity and applying a narrow textual analysis without considering market context.
The Court of Appeal found that the motion judge erred in principle by not engaging in a reasoned consideration of evidence regarding how alleged public corrections would be understood in the secondary market.
The Court remitted the issues of leave for capital expense/scheduling and accounting/financial reporting misrepresentations back to the lower court for redetermination, while upholding the denial of leave for certain environmental misrepresentations due to chronology issues.