Supreme Court Denies Banks' Appeal in Overtime Class Actions

Last week, the Supreme Court of Canada denied CIBC and Bank of Nova Scotia leave to appeal the decisions against them in the overtime class actions. In June 2012, the Court of Appeal for Ontario certified class actions against both banks by current and former employees alleging that the banks failed to pay them for overtime work. Though the Court of Appeal decisions were unanimous, the banks probably held out some hope for appellate review because, in Fresco v Canadian Imperial Bank of Commerce, the motion judge and the Divisional Court denied certification. Published on the Bennett Jones Thought Network.