Court opens door to Westar suit

Article Abstract:

Westar Group Ltd. investors have been given permission to pursue a $500 million class-action lawsuit against Canadian Imperial Bank of Commerce and British Columbia billionaire Jim Pattison. The suit is being pursued by Samos Investments Inc.

Commercial Banking, Commercial banks, Pattison, Jim, Westar Group Ltd., Samos Investments Inc.

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CIBC turns up heat as fight with Genuity hits home

Article Abstract:

The details of the case between Canadian Imperial Bank of Commerce and Genuity Capital Markets are presented. The bank accuses Genuity's founders are engaging in a culture of deception, deletion, and diversion activities.

Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Legal/Government Regulation, Company legal issue

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Fund loses bid to halt Pacifica vote

Article Abstract:

The British Columbia Supreme Court rules to allow shareholders of Pacifica Papers Inc. to vote on a proposed takeover by Norske Skog Canada Ltd., despite Cerberus Capital Management LP's protests.

United States, PAPER AND ALLIED PRODUCTS, Paper & Allied Products, Paper Manufacturing, Paper industry, Norske Skog Canada Ltd., Pacifica Papers Inc., British Columbia. Supreme Court, Cerberus Capital Management L.P.

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