Oct. 08, 2019 - The Québec Superior Court (QSC) recently struck down as unconstitutional back-to-work legislation (Bill 1271) aimed at the Québec government’s advocates and notaries. The decision, released on September 18, 2019, builds on the recent case law of the Supreme Court of Canada which declared that the...
Descartes Systems Group Acquires Visual Compliance for $330 Million
Davies acted for Management Systems Resources Inc. in the sale of its Visual Compliance and eCustoms business to Descartes Systems Group for $330 million.
Based in Toronto, Visual Compliance is a leading provider of automated global trade compliance software solutions, with a focus on denied and restricted party screening. It serves over 2,000 customers with over 67,500 subscribers operating in over 100 countries.
The deal was completed on February 12, 2019.
Oct. 04, 2019 - In SLFI Group v Canada (2019 FCA 217), the Federal Court of Appeal (FCA) overturned a Tax Court of Canada (TCC) decision and ruled that a group of Canadian mutual funds (Funds) was not required to self-assess GST/HST on funding services provided by a U.S. entity, because these services were...