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A Review of the “Indoor Management Rule”

It is common for businesses to have long-term relationships with particular individuals. Still, when someone…

Contractual Terms and the Determination of Fair Value of Minority Shareholdings

It is commonly understood that minority shareholders have certain protections under the Business Corporations Act. …

What is the Meaning of a “Time Is Of The Essence” Clause in an Agreement?

The standard form agreement of purchase and sale used by the Ontario Real Estate Association…

When Will Investment Advisors Owe Fiduciary Obligations To Their Clients?

In some contexts, the relationship between an investment advisor and their client may be fiduciary…

Calculating Damages For A Failed Real Estate Purchase

We previously wrote about the date at which losses are to be assessed for the…

Court Rejects Defence of Lack of Natural Justice in Case of Foreign Judgment Enforcement

When seeking to enforce a foreign judgment in Ontario, the applicant generally needs to prove…

Court Considers Penalties Against Judgment Debtor for Contempt of Court

Enforcement against judgment debtors often requires recourse to Rule 60 of the Rules of Civil…

Court Grants Carriage of a Proposed Class Action Against Canopy Growth

Corporate commercial litigation has commenced against cannabis company Canopy Growth in relation to its Biosteel…

A Review of the Tort of Conspiracy

When creditors bring claims against corporate debtors, they sometimes face the prospect that the debtor…

The Limitation Period for Unpaid Debt May be Refreshed

Limitation periods are the time in which a party must start their claim against another…