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Former Kingsway accountant settles with OSC on insider trading violations
Helen Kuszper is permanently banned from trading securities and acting as an officer or director of a public company
Category: Legal Issues
Class action authorized for alleged victims of $130 million financial scandal
A Quebec judge has authorized a class action lawsuit on behalf of 1,600 Canadian investors who say they lost $130 million in an alleged fraud scheme
Fairfax Financial Holdings accused of securities fraud in U.S. lawsuit
Fairfax characterizes lawsuit as both dated and frivolous
Former Marsh & McLennan execs sue Spitzer for $90 million in libel cases
Former New York Governor Eliot Spitzer and Slate, an online magazine, are being sued by two former insurance executives who claim they were defamed in a column written by Spitzer for the publication
Chubb sues multiple insurers over 9/11 cleanup claims
Chubb says its Federal Insurance unit has paid a disproportionate share in defense costs arising from clean-up of a site damaged by September 11, 2011 terrorist attack
Allstate sues Goldman Sachs over $122 million in allegedly fraudulent investments
Allstate lawsuit claims bank caused losses by hiding the risks of more than $100 million of mortgage-backed securities it bought
New BC Drunk Driving Laws-How many drinks to blow over the limit?
View the video here on your mobile device. ILSTV does not condone drinking and driving, but with changes to BC’s drinking and driving laws, it’s critical to understand how drinking affects your blood alcohol concentration or BAC. Many of you that drink socially are probably wondering how many standard drinks, and by standard we mean [...]
Appeals court strikes down health overhaul requirement that most Americans must buy insurance
A federal appeals panel’s ruling striking down the centerpiece of President Barack Obama’s health care overhaul moves the question of whether Americans can be required to buy health insurance a step closer to the U.S. Supreme Court
Lionsgate sues insurer for $8 million
Entertainment house says Navigators Insurance breaches contract by not paying costs associated in $10 million court battles
Co-operators seeking $7 million in damages from auto insurance frauds
Insurer claims five companies perpetrated insurance fraud against it by engaging in false billing and other fraudulent behaviour
Feds can’t be dragged into suits against Big Tobacco: Supreme Court
The Supreme Court of Canada ruled in the federal government’s favour on July 29 in two cases which sought to force Ottawa to help foot the bills for smokers who get sick
Should feds be on the hook for the costs of smoking? Top court to rule Friday
The top court’s decision will determine if the federal government should be dragged into court cases aimed at getting tobacco companies to foot the bills for smokers who get sick
More on Court Ordered Medical Exams and Travel
By Erik Magraken on Jul 27, 2011 in Legal Issues
The Defendants wished to send the Plaintiff for a medical exam, but the plaintiff lived out of province
Zurich sues to deny Sony data breach coverage
By ILSTV Staff on Jul 22, 2011 in Legal Issues
Zurich unit says general liability policy only covers for bodily injury, property damage or personal and advertising injury, none of which are included in the class action lawsuits
Duped lawyer, not bank, ruled liable for losses in money transfer scam
The case arose in 2005 when lawyer agreed to help transfer money for an apparent businessman in Taiwan – someone he didn’t know
Driver found not negligent for collision with moose
By Erik Magraken on Jul 08, 2011 in Legal Issues
Driver collides with a moose, passenger sues for damages
Medical Marijuana Costs Deemed Recoverable In BC Personal Injury Claim
By Erik Magraken on Jun 30, 2011 in Legal Issues
Judge awards $30,000 for costs of medical marijuana in medical malpractice claim
Clyde & Co. adds Canadian insurance law firm of Nicholl Paskell-Mede
“We will have greater capacity to serve our clients across jurisdictions and a platform for growth within Canada, through incoming international work and expansion into other provinces,” said Karen Earl, Managing Partner of the NPM Toronto Office
Stanley Cup riot repercussions: Coffee shop sues unnamed defendants for damages
Vancouver Downtown Business Improvement Association has estimated the riot caused $4 million to $5 million in damage and looting
