Jeffrey B. Gracer

Jeffrey B. Gracer | Torys LLP

Recent changes to accounting rules governing asset retirement obligations, particularly with respect to environmental legal obligations, have put the spotlight on environmental disclosure. The new rules are quite complex and ambiguous. Many of the finer points in their application have yet to be...

Jeffrey B. Gracer, Zachary Silbersher | Torys LLP

An important decision of the U.S. District Court for the Eastern District of Washington ( Pakootas v. Teck Cominco Metals, Ltd.1 ) could extend the reach of U.S. environmental law to Canadian companies that are alleged to have caused pollution in the United States - even when a company's activities...

Jeffrey B. Gracer, Andrew Beck | Torys LLP

The Sarbanes-Oxley Act and its implementing regulations are increasing the level of scrutiny given to public companies' disclosure of contingent risks. Environmental issues, however, have not necessarily been at the top of the list. Most of those responsible for designing Sarbanes-Oxley...