Boal v. International Capital Management Inc.
| Jurisdiction | Ontario |
| Judge | Kristjanson,McWatt,Sachs |
| Date | 01 March 2022 |
| Docket Number | 197/21 |
| Citation | 2022 ONSC 1280 |
| Court | Superior Court of Justice of Ontario (Canada) |
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7 practice notes
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Key Takeaways From 2022 Appellate Decisions
...to suspect fraud. Regulatory 'Best Interest' Obligation Does Not Mean Fiduciary Duty In Boal v. International Capital Management Inc., 2022 ONSC 1280, the majority of the Ontario Divisional Court upheld the dismissal of a certification motion brought against the plaintiff's investment advis......
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Boal v International Capital Management Inc. et Al
...Management Inc., 2021 ONSC 651. A majority of the Divisional Court upheld that decision: Boal v. International Capital Management Inc., 2022 ONSC 1280. The decision was overturned on appeal to the Court of Appeal: Boal v. International Capital Management Inc., 2023 ONCA 3 In allowing the ap......
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Top Commercial Decisions Of 2022
...a breach of fiduciary duty is alleged. The Ontario Divisional Court's recent decision in Boal v. International Capital Management Inc., 2022 ONSC 1280 (Boal) continues this trend, and serves as a reminder that investment advisors do not automatically owe fiduciary duties to their clients, e......
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Investment Advisor Liability In Canada: Common Claims And Recent Decisions
...egregious example of a breach of the investment advisor's fiduciary duty to his client. Boal v. International Capital Management, 2022 ONSC 1280. In this proposed class action, the representative plaintiff advanced a claim arising from her purchase of a high-interest promissory note from he......
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1 cases
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Boal v International Capital Management Inc. et Al
...Management Inc., 2021 ONSC 651. A majority of the Divisional Court upheld that decision: Boal v. International Capital Management Inc., 2022 ONSC 1280. The decision was overturned on appeal to the Court of Appeal: Boal v. International Capital Management Inc., 2023 ONCA 3 In allowing the ap......
6 firm's commentaries
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Key Takeaways From 2022 Appellate Decisions
...to suspect fraud. Regulatory 'Best Interest' Obligation Does Not Mean Fiduciary Duty In Boal v. International Capital Management Inc., 2022 ONSC 1280, the majority of the Ontario Divisional Court upheld the dismissal of a certification motion brought against the plaintiff's investment advis......
-
Top Commercial Decisions Of 2022
...a breach of fiduciary duty is alleged. The Ontario Divisional Court's recent decision in Boal v. International Capital Management Inc., 2022 ONSC 1280 (Boal) continues this trend, and serves as a reminder that investment advisors do not automatically owe fiduciary duties to their clients, e......
-
Investment Advisor Liability In Canada: Common Claims And Recent Decisions
...egregious example of a breach of the investment advisor's fiduciary duty to his client. Boal v. International Capital Management, 2022 ONSC 1280. In this proposed class action, the representative plaintiff advanced a claim arising from her purchase of a high-interest promissory note from he......
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Lack Of Commonality Defeats Investor Class Action Alleging Breach Of Fiduciary Duty
...al., 2024 ONSC 5803. 2. Boal v. International Capital Management Inc., 2021 ONSC 651. 3. Boal v. International Capital Management Inc., 2022 ONSC 1280. 4. Boal v. International Capital Management Inc., 2023 ONCA The content of this article is intended to provide a general guide to the subje......
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