Torys LLP

Under the new corporate transparency rules recently adopted in Québec, organizations doing business in the province must identify and disclose certain information about their ultimate beneficiaries. In this latest Spotlight on Québec law video, Guillaume Lavoie, MBA and Ana-Ioana Ioanas walk through new ultimate beneficiary disclosure rules for businesses in Québec, as part of the province’s corporate transparency framework, including: · what is an ultimate beneficiary and how organizations can determine who are their ultimate beneficiaries · what information needs to be disclosed and what information will be made public Watch the full video: https://bit.ly/3Zj9X0A #beneficiary #beneficiaries #duediligence #datagovernance #litigation #Quebec Guillaume Lavoie, MBA | Ana-Ioana Ioanas

En vertu des nouvelles règles de transparence des entreprises en vigueur au Québec, les organisations qui exercent des activités dans la province doivent déclarer certaines informations sur leurs bénéficiaires ultimes. Dans cette récente vidéo de la série Pleins feux sur le droit au Québec, Guillaume Lavoie, MBA et Ana-Ioana Ioanas discutent des nouvelles règles de déclaration des bénéficiaires ultimes au Québec dans le cadre du régime de transparence des entreprises, y compris : • qu’est-ce qu’un bénéficiaire ultime et comment une organisation peut déterminer ses bénéficiaires ultimes • quelles informations doivent être déclarées et quelles informations seront rendues publiques Regarder la vidéo : https://bit.ly/3Zj9X0A Guillaume Lavoie, MBA | Ana-Ioana Ioanas

One of the biggest barriers to adopting AI technology is uncertainty—uncertainty about, among other things, inaccurate AI outputs, IP infringement, the regulatory and litigation risks, and a lack of AI training and skills. Using the legal industry as a case study, our team reviews AI’s role in the practice of law and how legal teams can set themselves up for success. Read more in Forging your path: AI resources for business leaders: https://bit.ly/3UQ9Ir0 #artificialintelligence #AI #cybersecurity #dataprotection #governance #litigation #regulatory #law #TorysAInsight

Don’t forget to get your CPD credits in before the year’s up! Our suite of Staying Current webinars help you stay up to date with legal news and insight. If you missed a session and need to catch up on credits while building your legal acumen, our CPD Library can help you out. Log in to view past sessions here: https://bit.ly/4e655jh #law #legal #lawyers #education

In real estate, issues often arise when valuing an exiting partner’s interest. That’s why Alexander Tanenbaum and Nooreen Bhanji point out that it is important to have a procedure in place that can limit the dispute risk at the outset of a joint venture agreement. Watch the full video in our series, “Real estate joint ventures for investors”, for more valuation tips and liquidity provision essentials: https://bit.ly/3O6HTqD #realestate #REITs #governance #advisory Alexander Tanenbaum | Nooreen Bhanji

In private equity, the most common and well-known transactions are traditional fund investments or co-investments. In recent years, however, the trend of GP stakes is beginning to gain traction in Canada. A GP stakes investment is a transaction where a third-party investor acquires an interest in an investment fund manager or general partner (as opposed to investing in the investment fund itself). These transactions are typically structured to entitle the investor to receive a portion of the management fees or carried interest (if and when realized). In our bulletin, we cover: · What is GP stakes investing? · Why participate in a GP stakes transaction? · How to prepare for a GP stakes transaction? · What is the current state of the GP stakes transactional market? https://bit.ly/3O98ROn #privateequity #privatefunds #investments #investmentfunds Danielle Kline (Traub) | Sarah Strong

The 2024 Ontario Fall Economic Statement introduced amendments to the Insurance Act that will require licensing of life and accident & sickness (A&S) managing general agents (MGAs). The amendments give the Financial Services Regulatory Authority (FSRA) broad rule-making authority over MGAs, and clarify the duties of insurers, MGAs and agents. MGAs will now be required to develop compliance systems to ensure they and any sub-MGAs/agents comply with the insurance legislation and FSRA’s rules. These amendments follow a consultation held by the Ministry of Finance earlier this year. Get more details in our bulletin: https://bit.ly/4hZjktA #finance #financialservices #insurance #regulatory #advisory #governance Kelly Morris | Jill McCutcheon (Samis)

President-elect Donald Trump has stated that he will impose a twenty-five per cent tariff on all goods coming from Canada, to be implemented by way of executive order after his inauguration. Whether and precisely how this policy will be put into effect remains to be seen and much work will be done by Canadian governments and businesses to mitigate its impacts. Canadian companies should begin planning now while there is an opportunity to get in front of what may be coming. Our bulletin sets out the tools and strategies that companies may want to consider to manage the changes to the competitive landscape that these tariffs could yield: https://bit.ly/3AZ5MNX #privateequity #mergers #acquisitions #capitalmarkets #governance #advisory Adam Slavens

Les entreprises qui exercent des activités au Québec doivent être au fait des derniers développements juridiques dans la province, notamment en ce qui concerne les actions collectives liées aux valeurs mobilières. Dans cette récente vidéo de la série Pleins feux sur le droit au Québec, Sylvie Rodrigue, Ad. E., et Christopher Richter font le point sur les actions collectives en matière de valeurs mobilières, notamment : • les stratégies de défense dans les dossiers multijuridictionnels • les règles de la preuve propres au Québec • le recours continu aux actions en responsabilité civile malgré les avantages offerts par la Loi sur les valeurs mobilières Regarder la vidéo : https://bit.ly/40QScqs Sylvie Rodrigue, Ad.E | Christopher Richter

Organizations doing business in Québec need to stay on top of recent changes to the legal landscape within the province--including with respect to securities class actions, which have their own nuanced playbook in Québec. In this latest Spotlight on Québec law video, Sylvie Rodrigue, Ad.E., and Christopher Richter discuss the latest trends in securities disputes, including: · defense strategies in multijurisdictional claims · evidentiary rules that are unique to Québec · the persistence of civil liability claims despite the advantages of the Securities Act Watch the full video: https://bit.ly/40QScqs #classactions #litigation #disputeresolution #investments #securitieslaw #Quebec Sylvie Rodrigue, Ad.E | Christopher Richter