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Pandemic Equipment Business Tries to Back Out of Promissory Note

Getting into a business arrangement with a new partner can be an exciting time, with…

The Applicability of the Corporate Attribution Doctrine to Bankruptcy and Insolvency Matters

The operation of a corporate entity is highly tied to its directors’ decisions. As such,…

Enforceability of Entire Agreement Clauses in Ontario

“Entire agreement” or “whole agreement” clauses are commonly used in contracts to limit the scope…

Award for $182,000 Relating to “Loss of Business Value” Set Aside by Divisional Court

A recent decision from the Divisional Court of Ontario Superior Court of Justice set aside…

Court of Appeal Allows Fraudulent Misrepresentation as Defence to Contract Default

Contracts form the basis of every business relationship. Contracts can be customized to fit the…

Non-Payment Triggers Re-Entry for Commercial Landlords

When a prospective buyer defaults on deposit payments, the seller has the option to provide…

Shotgun Clauses in Shareholder Agreements

As investors with a say in all major business decisions, shareholders hold the bulk of…

The Impact of Post-Breach Events on Damages for Breach of Contract

In Ontario, there is a legal presumption that damages for breach of contract are calculated…

The “Innocent Insured” Clause in the Insurance Act is not Applicable Retroactively

While property insurance coverage applies to a specific property, it may cover several insured parties.…

Disgorgement as a Remedy for Breach of Fiduciary Duty

Legal remedies in a civil case where one party has profited from wrongdoing to another…