| | Hembruff v. OMERS: Ontario Court of Appeal Reverses Trial Decision; Rejects Notion of a Duty to Disclose Potential ... (Site not responding. Last check: 2007-10-19) |
 | | The Court of Appeal’s judgment was written by Justice Eileen Gillese, former law professor and dean and former chair of Ontario’s Pension Commission. |
 | | The Court went on to say that a broad disclosure obligation would thus put a plan administrator in an “invidious position” if potential changes were announced and then discarded, because some members may have made decisions to their detriment in reliance on the earlier announcements. |
 | | The Court of Appeal, though, said that any effective date necessarily creates a dividing line, with some benefiting and others not, and that had the Board in November 1998 recommended the amendments without a fixed date, the effective date would have been the enactment date, May 5, 1999. |
| www.hg.org /articles/article_869.html (1678 words) |