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Click here to view the PDF version of these materials. Careful consideration is owed to how a tenant’s removal and restoration obligations are expressed under a lease. The sco...
When we last left the topic of the delivery of year-end reconciliations, a caution was issued to landlords and tenants whose leases specify a deadline for the additional rent reconciliation process. The decision we reported was that of the Ontario Superior Court of Justice in 1127776 Ontario Ltd. v. Deciem Inc. That decision was appealed to the Divisional Court, where the recent ruling underscored that caution - with a caveat.
Read the full articleTime Waits for no Landlord Part 2
In a prior News ReLease (Are Exclusive Covenants About to Become Extinct?, from November 29, 2023), we discussed the Competition Bureau’s Ret...
The insolvency of the Hudson’s Bay Company (“HBC”), Canada’s oldest corporation and iconic department store, is the most re...
In our February 8, 2024, News ReLease, we reported on The Canada Life Assurance Company et al. v Aphria Inc. (“Aphria”). In that case, the tenant wanted out of its lease and purported to “repudiate”, in an attempt to force the landlord to take the (office) space to market. The landlord took the position that it had no obligation to accept the tenant’s repudiation or look for a replacement tenant, and that the tenant was required to pay rent over the balance of the term.
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