Print version available here. This post was published by Vancouver Bar Association‘s The Advocate. Introduction Prior to the Supreme Court of Canada’s landmark decision in Wallace v. United Grain Growers Ltd.,((Wallace v. United Grain Growers Ltd. [1997] 3 S.C.R. 701)) in a case of wrongful dismissal, damages were limited to the earnings lost during the periodContinue reading “Bad faith damages in wrongful dismissal cases: Post Wallace jurisprudence”
The Case for Empowering Canadian Corporations to Limit Directors’ Personal Liability: Revisiting the “Charter Option”
Print version available here. This article was published by the Institute of Corporate Directors in its Journal and as a web resource. THE CASE FOR EMPOWERING CANADIAN CORPORATIONS TO LIMIT DIRECTORS’ PERSONAL LIABILITY: REVISITING THE “CHARTER OPTION”((I gratefully acknowledge the assistance of my associate Gareth Carline in the organization and flow of this article.)) “[D]irectorsContinue reading “The Case for Empowering Canadian Corporations to Limit Directors’ Personal Liability: Revisiting the “Charter Option””
Empowering Canadian Corporations to Limit Personal Liability of Directors
It is in the interests of society to foster a business environment in which corporations can achieve their primary objectives of raising capital, expanding earnings and improving profitability. To that end, it is necessary to attract directors who are highly competent and motivated to take risks in the best interests of the corporation. To readContinue reading “Empowering Canadian Corporations to Limit Personal Liability of Directors”