|  Login
 
 
 
 

Corporate Liability

a journal devoted to corporate liability under criminal, regulatory and other statute law

 
Volume XII, No. 2 2007
Highlights

ENVIRONMENTAL LAW

Renewed Enforcement of the 3Rs Regulations – Increased Potential for Liability
J. Thomas Curry, Jennifer L. King
The term "3Rs Regulations" describes strategies for solid waste diversion that are contained in four regulations made under the Ontario Environmental Protection Act. They try to put in large scale practice the goals to reduce, reuse and recycle. Because these regulations are not currently enforced, only 20% of solid waste originating in the industrial, commercial and institutional ("IC&I") sectors is diverted, despite the fact that these sectors produce almost 65% of Ontario's solid waste. However, in May 2006, the Ministry of the Environment announced its intention to renew enforcement of the 3Rs Regulations. Thomas Curry and Jennifer King discuss how enforcement of three of these regulations could impact on the IC&I sectors. Applying only to the largest waste generators in select sectors, these three regulations create distinct obligations. One requires owners of designated establishments to conduct waste audits, develop and implement waste reduction plans, and to update these audits and plans annually. Another requires owners of multi-residential buildings to have source separation programs for specified wastes, and to ensure that these wastes are recycled. The third requires implementation of a packaging reduction work plan. In addition to discussing the penalties for non-compliance, the authors suggest proactive measures for avoiding liability.

SECURITIES LITIGATION

Expanding Liability Horizons – Civil Liability for Secondary Market Disclosure
Jeffrey N. Thom, QC, John R. Shewfelt, Bryant D. Frydberg
Jeffrey Thom, John Shewfelt and Bryant Frydberg describe the expansion of legislated civil liability for secondary market disclosure in securities legislation in Alberta, British Columbia and Manitoba, which have used the Ontario statute as a model. The authors analyze the Ontario and Alberta provisions, discussing who may sue, who may be sued, what constitutes actionable misrepresentations, available defences, liability caps and costs. Both statutes require plaintiffs to obtain leave of the court before commencing an action. The authors point out several notable departures from the Ontario, Alberta and Manitoba statutes that are contained in the B.C. legislation. For example, the B.C. legislation includes defences arising from having a reasonable compliance system and, in the case of experts, creates a defence for experts where the misrepresentation made by them was based on information provided to them and it was reasonable for them to rely on it. The B.C. legislation also reflects an approach to screening out unmeritorious claims that differs from that taken in other provinces. The authors also provide a list of "helpful hints" for issuers to avoid liability for secondary market disclosure.

 

Board

Brian J. Gover
Editor-in-Chief
Stockwoods LLP

Edward J. Babin
Davies Ward Phillips & Vineberg LLP

Michael E. Barrack
McCarthy Tétrault LLP

Robyn M. Ryan Bell
Bennett Jones LLP

William Brock
Davies Ward Phillips & Vineberg LLP

J. Thomas Curry
Lenczner Slaght Royce Smith Griffin

Ivan J. Derer
Gowling Lafleur Henderson LLP

Frank R. Foran, QC
Borden Ladner Gervais LLP

Donald H. Jack
Lerners LLP

André Legrand
Ogilvy Renault LLP

Jeffrey S. Leon
Fasken Martineau DuMoulin LLP

J. Bruce McMeekin
Miller Thomson LLP

Back