Governance · Directors Duties

Canadian coverage, focused on directors duties, with verified short holdings, original analysis and links to the underlying sources. A publication date isn't the same as a decision date. The dates below identify which is shown.

17 verified publications. Showing the 17 most recent.

Decision 2026-10-08 · Open coverage

Johnson v. Blackstock, 2026 BCSC 1944

The BC Supreme Court found shareholder oppression where controllers diverted more than $5.5 million in real estate sale proceeds to their businesses rather than redeem a retiring owner's preferred shares. It found the individuals personally responsible but deferred a quantified buyout pending proper accounting.

Decision 2008-06-20 · Open coverage

BCE Inc. v. 1976 Debentureholders, 2008 SCC 69

The Supreme Court restored approval of BCE's proposed arrangement and dismissed the debentureholders' oppression claims. Their contractual rights remained intact, and the evidence didn't establish the additional protection of trading value they asserted as a reasonable expectation.

Decision 2004-10-29 · Open coverage

Peoples Department Stores Inc. (Trustee of) v. Wise, 2004 SCC 68

The Supreme Court dismissed the trustee's appeal. Directors owe their statutory fiduciary duty to the corporation rather than directly to its creditors, although creditors' interests may be considered. The Wise directors did not breach the applicable duty of care on the facts.

Published 2026-10-21 · Member analysis

A Successful Fundraiser Can Still Be a Governance Problem

CRA guidance distinguishes legitimate fundraising expenses from practices that may raise private benefit or regulatory concerns. Charitable boards need records of cost, purpose and oversight, not just the gross revenue.

Published 2026-10-21 · Open coverage

A Director's Conflict Belongs in the Minutes Before the Vote

Federal corporate law makes disclosure of certain material interests an actual board obligation. Directors need a process that separates personal relationships, decision-making and the record of what occurred.

Published 2026-10-13 · Open coverage

CRA releases its 2025–26 report on the Charities Program

The CRA Charities Directorate has released its annual account of registration, compliance, services and sector engagement. It also describes continuing preparation for broader online filing of registered charity returns in 2027. This is an official program update, not a court decision.

Published 2026-10-12 · Member analysis

The promises that survive a corporate takeover

Stelco's employment dispute shows why acquisition commitments can't simply be filed away after closing. Earlier U.S. Steel litigation and Alberta's Strongco indemnity appeal offer distinct lessons about obligations that outlast a sale.

Published 2026-10-11 · Open coverage

A nonprofit board can't govern on good intentions alone

Alberta's guidance distinguishes the law that governs a nonprofit from the bylaws and policies it creates for itself. Volunteer boards need to know both, and they need a reliable record of the decisions made under them.

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