Canada - Barry, 75, & Honey Sherman, 70, found dead, Toronto, 15 Dec 2017 #10

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Whether the estates are fully settled or not, I can certainly understand why beneficiaries would not list any properties on the open real estate market considering nobody’s been charged with the murders yet and the possible connection to the scene of the murder being listed at the time.

My earlier comment referred to Apotex only and recent reports regarding Jonathan’s involvement.

Why would the beneficiaries list the property?

You agree that real estate falls under the first will?

Why would the estate need to be settled for the shareholders to dismiss Kay? You agree that transmitting an asset does not constitute settling the estate?

Seems like a massive assumption to make and I’m curious why you would do so.
 
Why would the beneficiaries list the property?

You agree that real estate falls under the first will?

Why would the estate need to be settled for the shareholders to dismiss Kay? You agree that transmitting an asset does not constitute settling the estate?

Seems like a massive assumption to make and I’m curious why you would do so.

Who are the shareholders you’re referring to?
 
Most of the Apotex shares would fall under the second will. Transmitting them to beneficiaries would be simple paperwork.

Do you seriously think the executors have obtained a clearance certificate at this time?

In what world can a multi billion dollar estate be wrapped up in six months?
I did say "partially settled".

And not really sure what any of this has to do with the case anyway.
 
I did say "partially settled".

And not really sure what any of this has to do with the case anyway.

In my experience, an estate is either settled or it isn’t. When releases have been obtained, debts settled, taxes and liabilities cleared, and the beneficiaries satisfied.

Administering an estate in the ordinary course does not constitute a “partial settlement”.
 
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Away from the current flow but...

The question of "Why now?" has come up before.

Could the pending Order of Canada award for Barry have been the timing trigger, a proverbial last straw?

It’s possible, if the motive was personal.

Just noticing, by Dec 29th there must’ve already been strong indications the deaths were a double homicide as the Award was still a go-ahead even while pending the public announcement of the manner of death. I wouldn’t expect it to be posthumously extended to a suspected murderer of his wife.

Barry Sherman learned he would receive Order of Canada weeks before his death | CBC News

The honour has been revoked a number of times in the past.
Removal from the Order of Canada - Wikipedia
“Appointees to the Order of Canada can have their membership revoked if the order's advisory council determines a member's actions have brought dishonour to the order.”
 
The estate involves both wills. I’ve acknowledged the second will. Please explain. Why you think I need this aspect explained to me.

Is your conclusion based entirely on this article?

In your mind, when is an estate settled as you have concluded. Please explain in detail.

An estate of two people may involve four wills. Not all Estate assets are required to be probated. What are expecting to be explained “in detail” that pertains to the unknown circumstances in this case?

In Ontario Two Wills are Better than One - Allen & Allen
“You ask your lawyer for a will, you say that everything is to go to your spouse and then equally among the kids, and the lawyer says: “You should have two wills – one for probate assets and the other for non-probate assets.”..”
 
In my experience, an estate is either settled or it isn’t. When releases have been obtained, debts settled, taxes and liabilities cleared, and the beneficiaries satisfied.

Administering an estate in the ordinary course does not constitute a “partial settlement”.
Well then, JS wouldn't be running Apotex simply because he feels entitled to, right? So something must have happened that would allow him to fire the head guy. I'm just having a hard time coming up with a scenario in which he could do that without that part of the estate being settled.
 
Away from the current flow but...

The question of "Why now?" has come up before.

Could the pending Order of Canada award for Barry have been the timing trigger, a proverbial last straw?

Doubtful. Why would it? Don't think it was announced until after the murders. No one but the family knew.
 
Well then, JS wouldn't be running Apotex simply because he feels entitled to, right? So something must have happened that would allow him to fire the head guy. I'm just having a hard time coming up with a scenario in which he could do that without that part of the estate being settled.
Seriously?

Transmission of shares does not require settlement of the estate.

Shares are transmitted, shareholders give JS control and authority.

Why does this mean the estate is settled?
 
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I did say "partially settled".

And not really sure what any of this has to do with the case anyway.

No such thing as 'partially settled' will. It could have a LOT to do with the case.
 
An estate of two people may involve four wills. Not all Estate assets are required to be probated. What are expecting to be explained “in detail” that pertains to the unknown circumstances in this case?

In Ontario Two Wills are Better than One - Allen & Allen
“You ask your lawyer for a will, you say that everything is to go to your spouse and then equally among the kids, and the lawyer says: “You should have two wills – one for probate assets and the other for non-probate assets.”..”

An estate of two people is two estates.

There is no estate of two people.

What details have led you to conclude that the estate is settled, and what to you constitutes a settled estate?
 
Homicide in Canada, 2017

Interesting StatsCan study of homicides in Canada in 2017. Highlights that I took from this study (my comments in italics):
1) 67% of all homicides that occurred in 2017 were "solved" (see definition below) by the end of 2017. Since the Shermans were killed at the end of 2017, (let's call it effectively 2018 to give the benefit of the doubt to LE), one could argue that there was about a 2/3 chance that their murders should have been "solved" in 2018. Yet we have no charges or accused persons.
2) Four out of five victims of solved homicides in 2017 knew their killer. Wow
3) In 2017, two-thirds (66%) of adults (18 years or older) accused of homicide had a criminal record in Canada

Excerpt from the above study (RBBM)
A look at solve rates from the Homicide Survey

A homicide incident is considered solved (or ‘cleared’Text box 1 Note 1) when police either report laying or recommending a charge of homicide against at least one accused person or they report solving homicides by other means (e.g., the suicide of the accused person).Text box 1 Note 2 Where there are multiple victims involved in a single homicide incident, the solved status of the incident applies to each victim. In incidents where there are multiple accused persons involved, a homicide is considered solved on the date when the first accused person in the case is identified by police.

Homicides may be solved months or years after they occur. The Homicide Survey collects updates for previously reported homicides to revise the solved status and to allow for the collection of additional details gathered throughout homicide investigations, if applicable. In all cases, the number of solved homicides are always reported according to the year in which they were reported by the police to the Homicide Survey (which also corresponds to the year in which the incident was deemed a homicide by the police and began being investigated as such). For instance, as of December 31st, 2017, 441 of the 660 homicides that occurred in 2017 had been solved, resulting in a solve rate of 67%, the same rate as that of 2016 at the end of the year but lower than the average over the previous 10 years (70%). During the 2018 data collection cycle, some of the outstanding unsolved homicides may become solved, which would then increase the solve rate for 2017 homicides.

Note 1
The terms ‘solved’ and ‘cleared’ are used synonymously in this article to describe homicide incidents where police investigation has led to the identification of an accused person (charged/suspect-chargeable) and whether a charge has been laid or recommended, or cleared by other means. The term ‘cleared’ is widely recognized by North American and international law enforcement agencies. For further information regarding police-reported clearance rates refer to the Juristat article, “Police-reported clearance rates in Canada, 2010” (Hotton Mahony and Turner 2012).

Return to note 1 referrer

Note 2
The Homicide Survey is a police-reported source of data, therefore it does not track court-related outcomes for homicide incidents such as decisions put forth by Crown attorneys, convictions, or sentencing-related information. For further information related to court decisions for homicide charges brought before the adult criminal court system in Canada, refer to the Juristat article, “Adult criminal court statistics in Canada, 2015/2016” (Maxwell 2017) or Table 35-10-0027-01.
 
The registered owners of the voting shares, who are most likely the children of BS. Who else would it be?

Feel free to answer my other questions.

If you’re referring to the ownership of Apotex, it’s not a publicly traded company therefore there are no “voting shares”. The shareholders of a private company (presumed beneficiaries in this instance) appoint the directors.

That’s why I asked you who you thought were the shareholders. The succession of Apotex is either finalized or it is not, but if you think the children are now shareholders then it obviously must be. And another possible reason considering an entire year has passed, is that JS has taken over the helm and JKay has reportedly departed.
 
Whats disturbing is that 34 of the 65 (or more) homicides in 2017 remain unsolved.

As forensic technology advances, criminal methods progress.

Initially, the advantages of the crime are tilted to the side of the murderer. They’re one step ahead.

With the murderers of the Shermans, the killers had an approximate 36-hour lead on LE. Then, possibly, another break of 6 weeks while it was determined to be a double-murder.
 
An estate of two people is two estates.

There is no estate of two people.

What details have led you to conclude that the estate is settled, and what to you constitutes a settled estate?

It was you who questioned Andreww’s reference to “partial”.

Settling an Estate is a process, not one single act.
 
Fwiw. rbbm.
03.10.2017
Interview: Jeremy B. Desai – CEO & President, Apotex, Canada
https://pharmaboardroom.com/interviews/interview-jeremy-b-desai-ceo-president-apotex-canada/
"Canada can remain competitive in manufacturing provided that our manufacturing processes are as efficient as possible. Incidentally, the Founder and Chairman of Apotex, Dr. Barry Sherman, is also our ‘Chief Formulation Officer’! He has more or less designed every solid dose formulation that Apotex has brought to market in the past 43 years of our business. Today, over 80 percent of his time is still focused on designing new formulations. He is a true scientist and we are very fortunate to have him as an asset. A key priority is looking at older formulations – which were developed based on suboptimal manufacturing processes – to simplify them for more cost-efficient manufacturing. For instance, historically, most generics tablets have a large percentage of excipients. Dr. Sherman is going through the relevant subset of our portfolio and systematically removing as much excipient as possible. This reduces excipient costs, cycle time, QC time and so on, resulting in significant manufacturing savings overall. Such innovations will allow Apotex to continue to manufacture competitively in Canada!

As a country, however, we also need to ensure that we have the technical skills and people to meet the needs of the pharma manufacturing industry. We are finding it difficult to recruit people with the necessary skillsets, firstly because the sector is shrinking, and secondly because the curricula of educational institutions are not necessarily designed to support our needs. This means having to source workers from outside of Canada, which may take around 8-12 months for work permits, and more often than not, Canada is often used as a stepping stone into the US.

Apotex currently exports to over 115 countries. What is your strategy for further internationalization?

We are currently undertaking a very detailed review of our existing markets to identify opportunities in new markets or even potential exits, based on factors like portfolio fit and core competences. Over the coming six to twelve months, we will have a much better definition of what our international footprint should look like. Nevertheless, our core market will remain North America.

I do see tremendous potential in the Gulf region. We are investing significantly in our R&D program to support the stability of our products in what we call the ‘Zone 4 conditions’ present in the Middle East and North Africa (MENA) area. Latin America (LATAM) is also another region with huge potential, and we are looking at this region over and above our existing successful presence in Mexico. In fact, we are actually looking to expand our manufacturing footprint in Mexico over the next 1-2 years. Japan is another market many companies, including Apotex, are wrestling with. The government had previously stated that they wanted to achieve generic penetration of 60 percent by 2017, so there are huge opportunities for us in Japan, but it is an extremely tough market to break into, and many companies have tried unsuccessfully. If we do pursue this opportunity, we expect to enter through a local partner."
 
Homicide in Canada, 2017

Interesting StatsCan study of homicides in Canada in 2017. Highlights that I took from this study (my comments in italics):
1) 67% of all homicides that occurred in 2017 were "solved" (see definition below) by the end of 2017. Since the Shermans were killed at the end of 2017, (let's call it effectively 2018 to give the benefit of the doubt to LE), one could argue that there was about a 2/3 chance that their murders should have been "solved" in 2018. Yet we have no charges or accused persons.
2) Four out of five victims of solved homicides in 2017 knew their killer. Wow
3) In 2017, two-thirds (66%) of adults (18 years or older) accused of homicide had a criminal record in Canada

Excerpt from the above study (RBBM)
A look at solve rates from the Homicide Survey

A homicide incident is considered solved (or ‘cleared’Text box 1 Note 1) when police either report laying or recommending a charge of homicide against at least one accused person or they report solving homicides by other means (e.g., the suicide of the accused person).Text box 1 Note 2 Where there are multiple victims involved in a single homicide incident, the solved status of the incident applies to each victim. In incidents where there are multiple accused persons involved, a homicide is considered solved on the date when the first accused person in the case is identified by police.

Homicides may be solved months or years after they occur. The Homicide Survey collects updates for previously reported homicides to revise the solved status and to allow for the collection of additional details gathered throughout homicide investigations, if applicable. In all cases, the number of solved homicides are always reported according to the year in which they were reported by the police to the Homicide Survey (which also corresponds to the year in which the incident was deemed a homicide by the police and began being investigated as such). For instance, as of December 31st, 2017, 441 of the 660 homicides that occurred in 2017 had been solved, resulting in a solve rate of 67%, the same rate as that of 2016 at the end of the year but lower than the average over the previous 10 years (70%). During the 2018 data collection cycle, some of the outstanding unsolved homicides may become solved, which would then increase the solve rate for 2017 homicides.

Note 1
The terms ‘solved’ and ‘cleared’ are used synonymously in this article to describe homicide incidents where police investigation has led to the identification of an accused person (charged/suspect-chargeable) and whether a charge has been laid or recommended, or cleared by other means. The term ‘cleared’ is widely recognized by North American and international law enforcement agencies. For further information regarding police-reported clearance rates refer to the Juristat article, “Police-reported clearance rates in Canada, 2010” (Hotton Mahony and Turner 2012).

Return to note 1 referrer

Note 2
The Homicide Survey is a police-reported source of data, therefore it does not track court-related outcomes for homicide incidents such as decisions put forth by Crown attorneys, convictions, or sentencing-related information. For further information related to court decisions for homicide charges brought before the adult criminal court system in Canada, refer to the Juristat article, “Adult criminal court statistics in Canada, 2015/2016” (Maxwell 2017) or Table 35-10-0027-01.

Toronto appears to have had an increase in gang violence in 2017..

HOMICIDES 2017: Most of Toronto’s victims killed by guns
“In a year when the city endured some brazen, horrific and mysterious murders, guns remain the top choice of weapon for killers.

And it’s those murderers — often affiliated with street gangs — who are the toughest to catch....”
 
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