A lawyer who repeatedly recommended that a client invest with a Montreal-based firm that was later revealed to be running a Ponzi scheme is responsible for his client’s losses, the Supreme Court of Canada ruled last week.
Papadopoulos vanished in 2007 with $100 million that 100 clients had invested in TriGlobal. As a result, Salomon’s client sued him and Papadopoulos. Salomon, in turn, recommended two off-shore hedge funds based in the Cayman Islands and the Bahamas, Focus Management Ltd. and iVest Fund Ltd., calling one of them “an excellent vehicle wherever security of capital is important,” according to the ruling. He also told her they were less risky than bank funds. Matte-Thompson began by investing $1.2 million in a third product being offered by TriGlobal — a Manulife fund — and only $100,000 in one of the hedge funds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-Trump lawyer Michael Cohen's prepared remarks to CongressCTVNews.ca presents the prepared testimony of Michael Cohen, U.S. President Donald Trump's former personal lawyer, as obtained by The Associated Press before his appearance. Yawn.. derangement. When is Trudope going to give out funding for TDS? Our media is suffering badly! TDS MEGA Can we please spend more time on the Obstruction of Justice Trudeau scandal in Canada? It rocks the very concept of “Rule of Law” in Canada as Trudeau sought to have charges against SCN, a Liberal donor, dropped. It also is “Obstruction of Justice” at the highest level for the PM
Source: CTVNews - 🏆 1. / 99 Read more »
Cohen says he wouldn't accept pardon if offeredBREAKING: Trump's former personal lawyer Michael Cohen testifies that he wouldn't accept presidential pardon if offered Oh what a martyr. Hahaha. Like he ever would. Stunning and brave. MichaelCohen212 Trump is finished. He won't even be President by the time he gets back to the USA
Source: CTVNews - 🏆 1. / 99 Read more »
Cardinal Pell had ‘plain vanilla’ sex with victim and that should mitigate prison sentence, lawyer saysThe most senior Catholic cleric ever convicted of child sex abuse was sent to prison on Wednesday after his bail was revoked at a sentencing hearing Hang him. 🧐 God would approve. Unbelievable You should see how some media commentators over her are defending this garbage human - It’s disgusting - example Andrew Bolt
Source: nationalpost - 🏆 10. / 80 Read more »
Australian Cardinal had ‘plain vanilla' sex with victim and that should mitigate prison sentence, lawyer says“It must be clear to you by now that I am struggling with that submission,” the judge responded. “Looking at your points here — so, what?” Omg so he didn’t torture his victims so it’s a pat on the back.
Source: VancouverSun - 🏆 49. / 61 Read more »
Federal bureaucrat charged with shipbuilding-contract leak to plead not guilty: lawyerMatthew Matchett is the second person after Vice-Admiral Mark Norman accused of leaking information about the contract between the government and Davie Shipbuilding
Source: nationalpost - 🏆 10. / 80 Read more »
Government was wrong in firing Brad Blair, did not follow proper process: lawyerThe lawyer for a former high-ranking provincial police officer alleges the Ontario government engaged in an abuse of power when it fired his client earlier this week. oooh cdnpoli scandal *gasp* DownWithFord Shocker!! 🙄. fordnation is corrupt as fu**. This should surprise no one.
Source: CP24 - 🏆 30. / 67 Read more »
There's never been a show about a Black female Canadian lawyer — until now | CBC ArtsFor the first time in Canadian television history, a prime-time drama will feature a Black female lead character. VinessaAntoine plays a corporate lawyer turned legal aid champion 👏 DiggstownCBC premieres tonight 8/830NT! | CBCArts VinessaAntoine Arts CBC is the bastion of identity Olympics. Canada's own: Reichsministerium für Volksaufklärung und Propaganda. National Socialism at work. Only this time it is a global agenda being promoted from the inside. VinessaAntoine Arts And you didn’t use the brown hand emoji?! 👏🏾 VinessaAntoine Arts Have to wonder what stopped this happening years ago? Policy of the CBC only having occasional Canadian TV shows with 'tokenism' with black actors on various series? Really have to wonder. At last however and hope the show has great success. I'll be watching.
Source: CBC - 🏆 32. / 63 Read more »
Meng Wanzhou’s extradition case raises ‘serious concerns,’ defence lawyer saysThe Huawei executive was arrested in December at Vancouver’s airport at the request of U.S. authorities and Canada announced last week it intends to proceed with the extradition case globebusiness Lock her up ! My mom was arrested and locked up for a lot less.
Source: globeandmail - 🏆 5. / 92 Read more »
Lawyer for Brad Blair says Ontario government engaged in abuse of power in firingJulian Falconer says the province could have demoted Blair from his role of deputy commissioner at the Ontario Provincial Police instead of firing him outright Ya think? Sounds very similar to what RCMP management does. Punish the person who raises concerns rather than hold the perpetrators accountable. CommrRCMPGRC ON YOUR BIKE BRAD. SEE YA
Source: globeandmail - 🏆 5. / 92 Read more »
Government was wrong in firing Brad Blair, did not follow proper process: lawyerThe lawyer for a former high-ranking provincial police officer alleges the Ontario government engaged in an abuse of power when it fired his client earlier this week. Ford is as corrupt as Trudeau and both have their fair share of useful idiots. I hope he sues the pants off Doug Ford!
Source: CTVNews - 🏆 1. / 99 Read more »