Stuck in the middle again

Article Abstract:

The advent of the Internet was hailed by most manufacturing industries as a powerful marketing tool, as well as the cost-efficient answer to their distribution problems. However, in the sound recording industry, this technology created an avalanche of unauthorized reproductions of their products. The piracy developed to such an extent that sound recordings by famous bands and artists may be heard on the Internet months before they are made available at retail stores. The Recording Industry Association of America has filed and won lawsuits regarding this issue.

Consumer Audio Recordings, Integrated Record Production/Distribution, Prerecorded records and tapes, Digital Audio Discs, Copyright Programs, Economic aspects, Cases, Electronic commerce, E-commerce, Copyright, Copyrights, Sound recording industry, Recording industry, Sound recordings, Compact discs, Data processing, Copyright and electronic data processing

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A new area of liability

Article Abstract:

Suggested modifications to the Ontario Securities Acts would create a statutory liability that would deal with the issuance of prospectuses where misleading or false information can affect share prices in the market. The proposed new legislation assumes that the investing public depends on financial statements in deciding where to invest their money. The proposed civil right of action can be used in 2 cases, namely, when there is failure of disclosure on any changes or when there is misrepresentation in documents and other public statements.

Securities & Commodities Regulatn, Canada, Securities law

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Taming the wild cats

Article Abstract:

The Company Directors Disqualification Act 1986 is aimed at addressing the problem of the rising number of directors who are trading unlawfully. However, directors must be proven in court to be diehard phoenix traders whose insolvency record renders them irreparable and reckless. Nonetheless, the Insolvency Act of 1986, which is designed to mitigate the mollify the blot of insolvency, also permits decided unscrupulous directors an abundance of flexibility.

Business Aid & Regulation NEC, Corporate directors, Business assistance

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