U. Sheikh

Hong Lam, a former mutual fund representative, brought a motion to set aside a Mutual Fund Dealers Association of Canada (MFDA) Hearing Panel Order, which had been filed as a Superior Court Order under the amended s. 151 of the Securities Act.

Lam argued the amendment should not apply retrospectively to his pre-enactment conduct and that it impacted his substantive rights.

The MFDA argued it was an immediate application to an ongoing situation or, alternatively, a procedural change.

The MFDA also brought a cross-motion for contempt, alleging Lam concealed property during an examination in aid of execution.

The court dismissed Lam's motion, finding that s. 151 applied immediately to the filing of the Hearing Panel decision, which occurred after the amendment, and was procedural in nature.

The court also dismissed the MFDA's cross-motion for contempt, finding that the MFDA failed to prove concealment beyond a reasonable doubt.

The appellants appealed an arbitrator's decision to quash summonses issued to non-party lawyers in a commercial arbitration regarding referral fees.

The arbitrator had quashed the summonses on the basis that the requested client names and accounting information were protected by solicitor-client privilege.

The Superior Court dismissed the appeal, finding that the non-party lawyers were not bound by the arbitration agreement's expanded appeal rights, and under the Arbitration Act, 1991, there is no right of appeal for questions of mixed fact and law.

The court further held that the standard of review was reasonableness and the arbitrator's decision to quash the summonses and award costs was reasonable.