Panel 3. Jurisdictional Issues Involving Foreign Investors, Foreign Exchanges and Foreign Public Companies

Presenter(s)

Hannah Buxbaum, University of Indiana Maurer School of Law
Larry Lowenstein, Osler, Hoskin & Harcourt LLP
Douglas Worndl, Siskinds LLP

Document Type

Video

Publication Date

10-26-2015

Abstract

In light of Kaynes v BP, PLC, 2014 ONCA 580, this panel critically analyzes the circumstances under which Canadian courts are willing to take jurisdiction over securities class actions in which Canadian investors have invested through foreign exchanges and the implications for Canadian investors. In addition, it critically analyzes the Canadian courts’ approach to certifying global classes with foreign investors and explore the implications for recovery for investors through a global class action as compared to multiple domestic proceedings. This panel compares and contrasts American courts’ approaches to assuming jurisdiction in such instances, and closes by exploring the public policy implications of broader and narrower approaches to jurisdiction.

Comments

CHAIR: Cynthia Williams, Osler Chair in Business Law, Osgoode Hall Law School, York University.

Repository Citation

Buxbaum, Hannah; Lowenstein, Larry; and Worndl, Douglas, "Panel 3. Jurisdictional Issues Involving Foreign Investors, Foreign Exchanges and Foreign Public Companies" (2015). Public & Private Securities Enforcement: Securing Recovery for Harmed Investors. 3.
https://digitalcommons.osgoode.yorku.ca/ppse/3

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