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Winning Result: US$192 million American Judgment Recognized
A Judge of the Ontario Superior Court of Justice recently ordered a former executive living in Ontario, to pay more than $200 million US dollars to aggrieved investors. The judgment is believed to be the highest ever awarded by a Canadian court. "To my knowledge, a judicial award of this magnitude is unprecedented in Canada", said commercial litigator Gil Zvulony, the Toronto lawyer representing the investors. "The interest alone is almost $30,000 per day".
Seizure of Intellectual Property to Enforce A Judgment
This discussion will not focus on royalties received from intellectual property, presumably these can be seized by garnishment. The discussion will focus on the seizure of the intellectual property itself.
Enforcing a USA Judgment in Ontario Canada by Summary Judgment
Recently, the Ontario Court of Appeal re-affirmed the principle that a judgment from the United States is usually enforceable in Canada, with very few and very limited exceptions.
Enforcement of US Judgments in Canada: Case Comment
Case Comment: Old North State Brewing Co. v. Newlands Services…
Enforcement of Foreign Judgments: Corruption Defence
Can a judgment rendered in a corrupt foreign tribunal be enforced in Ontario? Where a litigant can raise enough evidence that the foreign tribunal was corrupt, and that the corruption influenced the outcome of the proceeding, the judgment will typically not be enforced. However, in order to make use of applicable defences at the recognition and enforcement stage, the litigant must raise evidence of actual corruption by the particular foreign tribunal during the foreign proceeding.
About the Enforcement of Treble Damages in Canada
Treble damages are a form of damages by which the amount of actual damages is calculated and then multiplied by three. This head of damages is created by statute and is intended to be punitive in nature. Treble-damages laws are common in many United States jurisdictions.
About the Enforcement of Foreign Judgments in Canada
Toronto Lawyers discuss the law of enforcing judgments in Ontario that were granted from outside Ontario (i.e. in the U.S.A).
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