Upcoming Event: Livent v Deloitte: Implications for Auditor Responsibility, Governance and Canadian Public Corporations


Livent v. Deloitte: Implications for Auditor Responsibility, Governance and Canadian Public Corporations

Monday, January 22, 2018

12 noon to 2:00pm (buffet lunch 12:00-12:30pm)
Rotman School of Management

Desautels Hall (2nd floor)
105 St. George Street
Toronto, Ontario



$49.95 / $39.95 plus HST per person for alumni of Rotman or UofT (fees include lunch and the discussion).

Registration required before noon on January 19, 2018 . REGISTER HERE 

Students may attend at no charge by registering here.

Please join the Capital Markets Institute @ Rotman on Monday, January 22, 2018 for a panel discussion on Livent v. Deloitte: Implications for Auditor Responsibility, Governance and Canadian Public Corporations.

The Supreme Court of Canada’s decision in Livent v. Deloitte, released on December 20, 2017, explores questions relating to auditors’ responsibilities in cases where senior executives of a corporation have committed fraud. To whom do auditors owe a duty?  What is the scope of this duty?  What are the implications of the Supreme Court’s holding for governance within Canadian public corporations?  Our panel of experts will review the case, the decision and its implications with prepared remarks, discussion and Q&A.


Speakers include:

Jeremy Fraiberg, Osler LLP

Janet McFarland, Globe & Mail

Kim Shannon, Sionna Investment Managers & Board Member, CCGG

Corporate Director TBD

Moderator: Anita Anand, Capital Markets Institute & Faculty of Law UofT

Session Chair: Alexander Dyck, Capital Markets Institute & Rotman School of Management


Additional Resources:

Supreme Court of Canada Decision Deloitte & Touche v. Livent Inc.

Supreme Court says Livent auditors liable but sets conditions, Globe & Mail, Dec 20, 2017

Supreme Court of Canada Docket 36875 Deloitte v. Livent


For more information about the program, please contact Kathleen Coulson, Executive Director, Capital Markets Institute at  kathleen.coulson@rotman.utoronto.ca.

The Capital Markets Institute,established in 1999, is an independent research institute at Rotman of the School of Management, University of Toronto dedicated to research and analysis on the Canadian capital markets. The CMI is funded by TMX Group (as lead sponsor), CPPIB, Sun Life, Manulife Financial, Bank of Montreal, CIBC, Royal Bank of Canada / RBC Capital Markets, Scotiabank, TD and Goldman Sachs.