July 9, 2014

The Class Action Storm

Mark Veneziano was quoted in the July, 2014 issue of Lexpert - the Business Magazine for Lawyers.

"What happens when change intersects with evolution? That question is a timely one in the context of Canada's class-action regimes, which now have a two-decade history in the common-law provinces and about 35 years in Quebec. Even as the Supreme Court of Canada and the country's appellate courts nudge the existing system to something that may one day resemble a comfort zone for its stakeholders, external forces threaten foundational change that may require a retreat closer to the starting line...

...Mark Veneziano of Toronto's Lenczner Slaght Royce Smith Griffin LLP agrees. "Both sides spend too much money on certification," he says. "Certification does not have the same impact as a judgment after trial, so you have to do it sensibly without blowing your brains out..."