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Three steps to Risk Management
(1) Identificatoin, (2) Evaluation and (3) Response
Forms of Risk Management
Avoidance, Reduction, Shifting, Acceptance
Law is what?
Dynamic set of rules and regulations that govern behaviour and maintain order in society
Order of Sources of Law
(1) Constitution
(2) Statute
(3) Common Law
The Constitution
includes Charter of Rights and Freedoms
Federalism: division of powers
Challenging the Validity of a Statute
can argue smthn isn’t w/in juristdiction of relevant government
can argue it vioaltes Charter
can argue interpretaion of legislation
Case Law
favours past decisions/reasons
influences judge decisions of similar cases
Stare Decisis
to stand by a previous decision
PURPOSE: continuity and consistency
Civil Law
differs from legal system, based on the Civil Code
Role of Courts
determine validity and interpret legislation
protect civil liberties
develope case law and resolve disputes
Court Structue (Ontario)
trial level
appeal —> appellate court(s)
review/check for error of law / of fact
Rules of Civil Procedure
Statement of Claim
Serve Statement of Claim
Statement of Defence
Sounterclaims/Cross-Claims/3rd-Party Claims
Affidavit (sworn statement) of documents
Examination for discovery
Motions
Seeting down for trial
Trial
Civil Action
Brining a claim
Defending a claim
Discovery
Seeting down for a trial
Pre-trail conference
Trial
Limitation Period(s)
Contract/Tort: within 2 yrs
Land: 20 yrs
Sueing City: 7 days
Alternative Dispute Resolution
Negotiation, Meditaion and Arbitration
Negotiation
Two businesses settle a contract dispute
Mediation
A mediator helps resolve a lease dispute
Arbitration
Companies resolve a commercial dispute
Class Action - Concept
Multiple claims against a single defendant are combined into one action to share the costs of litigation
Class Action - Requirements
Common Issues: shared among all calss members
Representative Plaintiff: act in interest of all class members
Notification: inform all potential class members
Prefereable Procedure
Cerification: court must approve to move forward as a class action
Costs - Concept
Losing parts pays legal costs of the winning party
Party and Party Costs
Based ona scale of fees, normally allocated based on seniority
Solicitar and Client Costs
Actual costs incurred
Contingency Fees
Lawyer’s fee is a percentage of the settlement or award
Rule of Law
“Golden Rule”
legal principles treat all persons equally, including the govenrment