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Winding-Up a Corporation on “Just and Equitable” Grounds

Ontario’s Business Corporations Act provides multiple ways a court may order the winding-up of a…

When Will A Plaintiff’s Delays Lead To Dismissal Of Its Claim?

It goes without saying that complex litigation matters can be a time-consuming process.  Depending on…

Court Certifies Class Action Proceeding Against Trading Platform Binance

We have previously written about the cryptocurrency asset trading platform Binance, which is the subject…

Supreme Court of Canada Considers Fraud in the Context of Letters of Credit

We have previously written about letters of credit, which are common to financing transactions and…

Can A Franchisee Rescind A Franchise Agreement For Deficient Disclosure?

In Ontario, franchise agreements are subject to the requirements of the Arthur Wishart Act (Franchise…

The Legal Effect of Requiring Payment of a Criminal Rate of Interest in a Contract

Section 347 of the Criminal Code makes it a criminal offence for someone to enter…

A Review of the Requirements for a Stay of Enforcement of a Judgment

Once a party obtains a final order or judgment from a Court, they may sometimes…

The Parol Evidence Rule and Contractual Interpretation

Litigation involving contracts often hinges on the interpretation to be given to one or more…

Staying Court Proceedings in the Context of International Commercial Arbitrations

It is very common for commercial contracts to include clauses requiring parties to submit disputes…

What Does “Best Efforts” Mean?

Businesses that agree to carry out their contractual obligations using “best efforts” may wonder what…