Kerr v. Danier Leather Inc., 2007 SCC 44

JurisdictionFederal Jurisdiction (Canada)
JudgeMcLachlin, Beverley; Bastarache, Michel; Binnie, William Ian Corneil; LeBel, Louis; Deschamps, Marie; Fish, Morris J.; Abella, Rosalie Silberman; Charron, Louise; Rothstein, Marshall
Citation2007 SCC 44,[2007] 3 SCR 331,36 BLR (4th) 95,231 OAC 348,[2007] SCJ No 44 (QL),160 ACWS (3d) 910,368 NR 204,87 OR (3d) 398,JE 2007-1969,286 DLR (4th) 601,EYB 2007-124711
Docket Number31321
Subject MatterSECURITIES REGULATION,COMPANY LAW,PRACTICE
CourtSupreme Court (Canada)
Date12 October 2007
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157 practice notes
  • Peters v. SNC-Lavalin Group Inc.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • July 16, 2021
    ...Airport Centre Ltd., 2011 SCC 23 ; Rex Diamond Mining Corp., 2010 ONSC 3926 at par. 6 (Div. Ct.); Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331 at para. 54. [28] 426 US 438 (1976). Sharbern Holding Inc v. Vancouver Airport Centre Ltd., 2011 SCC 23 at paras. 41-52; Re Donnini (200......
  • Table of cases
    • Canada
    • Irwin Books Archive Securities Law. Second Edition
    • June 24, 2018
    ..........................................................................................................177 Kerr v Danier Leather Inc, [2007] 3 SCR 331, 2007 SCC 44 ...................................................168, 180, 327, 328–29, 345, 480 Kripps v Touche Ross & Co, 1997 CanLII 2007 ......
  • A Real and Substantial Look at Jurisdiction in the Civil and Class Action Settings
    • Canada
    • Irwin Books The Canadian Class Action Review No. 8-2, May 2013
    • May 1, 2013
    ...2008), (Toronto: Osgoode Hall Law School, Professional Development Center) at 2. 16 Kerr v Danier Leather Inc, 2007 SCC 44 at para 62, 87 OR (3d) 398 [Kerr]. 17 Gariepy v Shell Oil Co (2002), 23 CPC (5th) 393 (Ont Sup Ct J) [Gariepy]. 18 Pearson v Inco Ltd (2002), 27 CPC (5th) 171, 50 CELR ......
  • An Old Snail in a New Bottle? Waiver of Tort as An Independent Cause of Action
    • Canada
    • Irwin Books The Canadian Class Action Review No. 6-1, April 2010
    • April 1, 2010
    ...See, for example, Kerr v. Danier Leather Inc. (2004), 46 B.L.R. (3d) 167 (Ont. S.C.J.), rev’d (2005), 77 O.R. (3d) 321 (C.A.), rev’d [2007] 3 S.C.R. 331. VOLUME 6, N o 1, april 2010 111 As some have noted,65 reliance on such alternative compensation schemes may represent a “high risk” strat......
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74 cases
  • Peters v. SNC-Lavalin Group Inc.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • July 16, 2021
    ...Airport Centre Ltd., 2011 SCC 23 ; Rex Diamond Mining Corp., 2010 ONSC 3926 at par. 6 (Div. Ct.); Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331 at para. 54. [28] 426 US 438 (1976). Sharbern Holding Inc v. Vancouver Airport Centre Ltd., 2011 SCC 23 at paras. 41-52; Re Donnini (200......
  • Paniccia v. MDC Partners Inc., 2018 ONSC 3470
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • June 4, 2018
    ...Rescue District Firefighter Pension Plan v. MDC Partners, Inc., et al., 5-cv-6034 (RJS) (S.D.N.Y.). [6] Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331 at para. [7] Pezim v. British Columbia (Superintendent of Brokers), [1994] 2 S.C.R. 557 ; Brosseau v. Alberta Securities Commission, [19......
  • Ironside et al. v. Alberta Securities Commission, (2009) 454 A.R. 285 (CA)
    • Canada
    • Court of Appeal (Alberta)
    • April 9, 2009
    ...1 S.C.R. 333; 357 N.R. 175; 404 A.R. 333; 394 W.A.C. 333; 2007 SCC 7, refd to. [para. 52]. Kerr et al. v. Danier Leather Inc. et al., [2007] 3 S.C.R. 331; 368 N.R. 204; 231 O.A.C. 348; 2007 SCC 44, refd to. [para. 72]. Bahcheli v. Alberta Securities Commission et al. (2007), 409 A.R. 388; 4......
  • Aegon Capital Management Inc. et al. v. BCE Inc. et al., (2008) 383 N.R. 119 (SCC)
    • Canada
    • Canada (Federal) Supreme Court (Canada)
    • June 20, 2008
    ...Schneider Corp. et al. (1998), 113 O.A.C. 253; 42 O.R.(3d) 177 (C.A.), refd to. [para. 40]. Kerr et al. v. Danier Leather Inc. et al., [2007] 3 S.C.R. 331; 368 N.R. 204; 231 O.A.C. 348; 2007 SCC 44, refd to. [para. Saskatchewan Wheat Pool v. Canada, [1983] 1 S.C.R. 205; 45 N.R. 425, refd to......
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10 firm's commentaries
  • Screening Secondary Market Liability Actions: The Supreme Court Raises The Bar For Plaintiffs
    • Canada
    • Mondaq Canada
    • April 23, 2015
    ...had intended. The SCC analogized the FDA preoccupations in this case to the intra-quarterly results in Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331, which the Court found "did not constitute a material change to the business, operations or capital of the company because the warm weather......
  • Environmental Disclosure by Public Companies: a Québec Perspective
    • Canada
    • Mondaq Canada
    • December 2, 2010
    ...A material fact also differs from a material change, which must be published immediately. See: Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331, para. 38, which specifies the differences between the two notions; and In the Matter of Piergiorgio Donnini, OSC Panel, September 12, 2002, p. 34;......
  • The Supreme Court Of Canada Considers Materiality Standard
    • Canada
    • Mondaq Canada
    • August 11, 2011
    ...To support this assertion, Shabern's counsel referred to the statement made by Justice Binnie in Kerr v. Danier Leather Inc. [2007] 3 S.C.R. 331 where in the context of explaining that the business judgment rule should not be used to qualify or undermine the duty of disclosure, Justice Binn......
  • When Must You Publicly Disclose A Letter Of Intent?
    • Canada
    • Mondaq Canada
    • December 23, 2013
    ...management of the issuer who believe that confirmation of the decision by the directors is probable. In Kerr v. Danier Leather Inc., [2007] 3 S.C.R. 331 it was determined that only changes in an issuer's business, operations or capital would, if material, require disclosure. Events or devel......
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72 books & journal articles
  • Table of cases
    • Canada
    • Irwin Books Archive Securities Law. Second Edition
    • June 24, 2018
    ..........................................................................................................177 Kerr v Danier Leather Inc, [2007] 3 SCR 331, 2007 SCC 44 ...................................................168, 180, 327, 328–29, 345, 480 Kripps v Touche Ross & Co, 1997 CanLII 2007 ......
  • A Real and Substantial Look at Jurisdiction in the Civil and Class Action Settings
    • Canada
    • Irwin Books The Canadian Class Action Review No. 8-2, May 2013
    • May 1, 2013
    ...2008), (Toronto: Osgoode Hall Law School, Professional Development Center) at 2. 16 Kerr v Danier Leather Inc, 2007 SCC 44 at para 62, 87 OR (3d) 398 [Kerr]. 17 Gariepy v Shell Oil Co (2002), 23 CPC (5th) 393 (Ont Sup Ct J) [Gariepy]. 18 Pearson v Inco Ltd (2002), 27 CPC (5th) 171, 50 CELR ......
  • An Old Snail in a New Bottle? Waiver of Tort as An Independent Cause of Action
    • Canada
    • Irwin Books The Canadian Class Action Review No. 6-1, April 2010
    • April 1, 2010
    ...See, for example, Kerr v. Danier Leather Inc. (2004), 46 B.L.R. (3d) 167 (Ont. S.C.J.), rev’d (2005), 77 O.R. (3d) 321 (C.A.), rev’d [2007] 3 S.C.R. 331. VOLUME 6, N o 1, april 2010 111 As some have noted,65 reliance on such alternative compensation schemes may represent a “high risk” strat......
  • Reconciling Limitation Period Principles with the Purposes and Complexity of Ontario Class Proceedings
    • Canada
    • Irwin Books The Canadian Class Action Review No. 8-2, May 2013
    • May 1, 2013
    ...2008), (Toronto: Osgoode Hall Law School, Professional Development Center) at 2. 16 Kerr v Danier Leather Inc, 2007 SCC 44 at para 62, 87 OR (3d) 398 [Kerr]. 17 Gariepy v Shell Oil Co (2002), 23 CPC (5th) 393 (Ont Sup Ct J) [Gariepy]. 18 Pearson v Inco Ltd (2002), 27 CPC (5th) 171, 50 CELR ......
  • Request a trial to view additional results

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