Serge Kalloghlian

The plaintiffs sought leave to appeal a case management judge's order that amended the definition of an Ontario global class by removing members who participated in a court-approved settlement of parallel U.S. proceedings.

The plaintiffs argued the judge lacked jurisdiction, was barred by issue estoppel, and erred in recognizing the U.S. settlement without evaluating its merits.

The Superior Court of Justice dismissed the motion for leave to appeal, finding no conflicting decisions, no good reason to doubt the correctness of the order, and no palpable or overriding errors in the motion judge's exercise of discretion or application of international comity principles.

The moving parties in a proposed securities misrepresentation class proceeding sought court approval of a third‑party litigation funding agreement prior to certification.

The proposed agreement provided that the funder would pay certain disbursements and indemnify the plaintiffs against adverse costs in exchange for a capped commission from any settlement or judgment.

The court considered the developing law on litigation funding, including concerns about champerty and maintenance, and confirmed that such agreements are not categorically unlawful but require judicial approval.

Finding that the agreement preserved counsel’s independence, protected defendants through security for costs, and promoted access to justice, the court approved the funding arrangement.