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This paper was authored by Brian Parker and Dylan Armstrong and accompanies a presentation of the same name given by Brian Parker on February 26, 2025, at the Eight-Minute Commercial Le...
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
The insolvency and closure of Hudson’s Bay Company (“HBC”) follows the shuttering of several other Canadian department stores. Th...
Negotiating a contract (including a lease) is done against the backdrop of the common law and applicable legislation. Parties to a negotiation expe...
Many contracts (including leases and offers to lease) contain a common “boilerplate” clause that simply states “time is of the es...
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