Certain large issuers may soon be able to file a final base shelf prospectus without first filing a preliminary one. On December 6, 2021 the Canadian Securities Administrators (“CSA“) published temporary exemptions from certain base shelf prospectus requirements for qualifying issuers. The exemptions, which go into effect on January 4, 2022, only capture large reporting issuers, termed “well-known seasoned issuers” (“WKSIs“).

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Llinks Legal Alert – Labor & Employment Law(November 2021)

Llinks Legal Alerts focus on cutting-edge labor law topics and brings you most updated legislation trend. Please stay tuned with us.

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Ontario does a very good job regulating certain business sectors in order to ensure a fair marketplace and consumer protection. Three of Ontario’s most common regulated industries are motor vehicle sales, governed by the Motor Vehicle Dealers Act and the Ontario Motor Vehicle Industry Council (“OMVIC“); real estate sales, governed by the Real Estate and Business Brokers Act and the Real Estate Council of Ontario (“RECO“), and; cannabis sales, governed by the Cannabis Licence Act and the Alcohol and Gaming Commission of Ontario (“AGCO“), which also governs liquor licencing.

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As of December 31, 2021, certain amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (the “Rule“) and its Companion Policy, known as the Client Focused Reforms (“CFRs“) are coming into force. The CFRs must be implemented by registered dealers and advisers. Registrants will be required to update their internal policies and practices to be in compliance with the CFRs. This article serves as a reminder about the upcoming changes and summarizes the amendments.

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DOJ’s First Wage Fixing Indictment Survives a Motion to Dismiss Because Court Finds Wage-Fixing Agreements are Illegal Per Se

Within the last year, the U.S. Department of Justice (DOJ) brought its first indictments alleging criminal wage-fixing conspiracies and criminal no-poach conspiracies among competing employers.  In December 2020, DOJ indicted the president of a staffing company for violating Section 1 of the Sherman Act by allegedly conspiring with competitors to fix wages paid to physical therapists.  A month later, DOJ indicted a corporation for violating the Section 1 of the Sherman Act because it allegedly entered into “naked no-poach agreements,” pursuant to which it agreed not to solicit senior employees of two competitors   In March 2021, DOJ filed its second wage-fixing indictment, which also alleged a conspiracy to allocate workers.  As reported here and here, these indictments were the culmination of the DOJ’s Policy, contained in its 2016 Antitrust Guidance for Human Resource Professionals (“Antitrust Guidance”) to bring criminal charges against employers who conspired to suppress wages, either through wage-fixing agreements or naked no-poach agreements.

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Overview of Proposed Paid Leave Program Under the Build Back Better Act

On November 19, 2021, the U.S. House of Representatives passed the Build Back Better Act (BBBA or the Act), [1] which, if enacted, would be the first federal enhancement of family and medical leave for private sector workers since the enactment of the Family and Medical Leave Act (FMLA) in 1993. While the BBBA does not go as far as initially proposed (12 weeks of paid leave), it would expand upon the FMLA’s current unpaid protections by providing up to four weeks of paid caregiving leave. Further, the BBBA would allow paid leave benefits for a broader group of eligible workers and for additional qualifying family members beyond those covered by the FMLA. If enacted, the paid family leave program would become effective January 2024.

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Buying & Selling Real Estate: An International Guide

Buying & Selling Real Estate: An International Guide
Authors: Giorgio Cherubini, Giuseppina De Stefano EXP Legal is member of the International Lawyers Network,…
Giorgio Cherubini
Giuseppina De Stefano

International Lawyers Network is in the top 2% of law firm networks globally and recently shortlisted for global law firm network of the year, with 91 high-quality, full-service, and specialized law firms with over 5,000 lawyers in 67 countries on 6 continents.

We have developed strong relationships with other real estate colleagues all over the world, which help keep EXP Legal on the cutting edge of worldwide trends and issues in real estate law and allows us to confidently cover our clients’ needs.

The ILN has announced the sixth edition of their real estate guide, “Buying & Selling Real Estate: An International Guide“, which we thought you would find valuable. EXP Legal is one of the contributors for the jurisdiction of Italy.

The collaborative electronic guide provides a summary of key real estate law principles in 31 jurisdictions internationally, which has expanded by three chapters over last year’s edition. It is designed to serve as a quick and practical reference for those buying and selling real estate in these jurisdictions. Some of the key jurisdictions highlighted in the guide, which you may find of value, include U.S., Hong Kong, India, Brazil and Italy.

To view the guide, please click here.

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Update on Garden Leave Provisions in Employment Agreements

Thomson Reuters Practical Law has released the 2021 update to “Garden Leave Provisions in Employment Agreements,” co-authored by our colleagues Peter A. Steinmeyer and Lauri F. Rasnick.

This Practice Note discusses garden leave provisions in employment agreements as an alternative or a companion to traditional employee non-compete agreements. It addresses the differences between garden leave and non-compete provisions, the benefits and drawbacks of garden leave, and drafting considerations for employers that want to use garden leave provisions. This Note applies to private employers and is jurisdiction neutral.

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You Can Believe It’s Not Butter: NY Judges Dismiss “Butter” Class Actions

Two federal judges in New York City have dismissed putative consumer class actions alleging deceptive marketing in connection with snacks and baked goods. The judges held that a reasonable consumer would understand that the products’ use of “butter” in their names, when viewed in context of the packaging as a whole, did not mean the products contained no other fats or oils. The courts therefore held that the plaintiffs had no claims under New York’s deceptive trade practices or false advertising statutes based on the foods’ containing vegetable oils or other shortening. Read more…

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Bar of Quebec’s Continuing Education Activities: RSS Is Once More at the Forefront

December 3, 2021 — The Bar of Quebec is presenting today, in person and via the Web, a new edition of its annual continuing education activity on recent developments in insurance.

Once more, RSS is a major collaborator:

  • Laurence Gauthier will be copresenting on the status of Quebec law when there is a plurality of insurers (“L’état du droit québécois en présence de pluralité d’assurances”);
  • Katherine Delage, in addition to acting as chair of the activity, as she has been doing for several years now, will be joining Nick Krnjevic to speak on COVID-19 and business interruption losses: coverage issues in times of pandemic (“COVID-19 et pertes d’interruption d’affaires : la couverture d’assurance en temps de pandémie”);
  • Hugues Duguay will explain the insurance issues behind SNC Lavalin c. Deguise.
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