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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...
An indemnity provision can be found in almost any standard form commercial lease. It typically states that one party to the lease will "indemnify and hold harmless" the other party from a laundry list of risks including damages, claims, expenses and more. Although these provisions are fairly standard, it is not uncommon for a party to dig in its heels during lease negotiations and refuse to indemnify. This begs the questions, if indemnities are standard terms, what is there to be concerned about?
Read the full article here: To Indemnify or Not What is the Big Deal
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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