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Nov 22, 2011
Article

CONSTRUCTION LIENS

On July 2, 2011, certain Construction Lien Act amendments came into force. Insofar as they relate to the Condominium Act, the following provisions are applicable:

On July 2, 2011, certain mendments came into force. Insofar as they relate to the , the following provisions are applicable: Read More
When a lease defines an “event of default “or “default” as being a failure to meet monetary or non-monetary obligations on or before the expiry of a cure period, and the defaulting party has rights that are predicated on not being in default at the time of exercise (such as a right to extend), then landlords and tenants must understand the ramifications arising from the interaction of these provisions when a party purports to exercise an option or right. Read More

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Owners or managers of properties with third-party signs erected on them should be aware that in December, 2009, City Council passed a new Sign By-law and third-party sign tax (“Sign Tax”) which came into force on April 6, 2010 (with strong opposition from owners and sign companies). However, some property owners and property managers may not be not clear about how the Sign Tax works and what affect it can have on the value of their property and the cash-flow. Read More

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Commercial Real Estate Law

Typically, using the vehicle of a corporation insulates directors from personal liability to the corporation’s creditors for defaults, but that is not always true. A recent Ontario case highlights that risk for those who are the “directing minds” of the corporation. Read More

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Commercial Real Estate Law

Oct 17, 2011
Article
It has become quite standard tax planning to select a year-end for a partnership that differs from the year-end of a corporate partner in order to obtain a deferral of income tax. Up to a one-year deferral of tax is possible if the partnership has a year-end that ends shortly after the year-end of the corporate partner. Read More

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Tax Law

Topics:  Financial Brownfields & Municipal Financing and Incentives Read More

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Commercial Real Estate Law

It has become quite standard tax planning to select a year-end for a partnership that differs from the year-end of a corporate partner in order to ... Read More
Commercial and residential property owners commonly enter into service contracts with third-parties for services such as snow and ice removal from their premises. If a contract is properly drafted it will contain insurance and indemnification provisions intended to allocate responsibility to the contractor. Read More

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Sep 14, 2011
Article
Late last fall, economists and the media were agonizing over whether or not the current buoyant real estate market in Canada was going to continue. The Toronto market especially saw significant record sales and steadily increasing resale and new home prices, especially on the condominium side. Since last December, the Toronto housing market has enjoyed record-breaking condominium sales throughout the spring and early summer. Read More
Sep 14, 2011
Article
A February 2011 decision of the Ontario Superior Court of Justice highlights the risks facing employers who give the statutory minimum notice required under employment standards legislation upon the termination of employees rather than the larger sum typically warranted by “common law” standards, which a judge would award at trial. Read More

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The July 2011 decision of the Ontario Court of Appeal in the case of Musilla v. Avcan Management Inc., clarified the law regarding a landlord's obligation to return a tenant's deposit for last months rent (pursuant to section 107 of the Residential Tenancies Act, Ontario) and the circumstances when a landlord's is entitled to keep the deposit. Read More

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Aug 13, 2011
Article
"Most agreements provide that the purchaser is not entitled to terminate the agreement and get his money back," says Leor Margulies, head of the re... Read More

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Jul 22, 2011
Presentation
"Emerging Developments in Real Estate Law”, Ontario Korean Real Estate Association. Read More

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From 1994 to 2008, property owners in the City of Toronto requiring access to their neighbours’ lands to carry out repairs renovations were able to rely on By-Law 1994-0404 to obtain such access. The 1994 By-Law allowed owners and occupants of buildings to enter upon any adjoining land for the purpose of making repairs, alterations or improvements with the sole condition that the adjoining land must be returned to its original condition upon completion of the work. Read More

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Construction Law  |  Commercial Real Estate Law

May 12, 2011
Article
Transition planning is the process of preparing for the transition of ownership of a business, either to the next generation, a management team or an outside buyer. In the process you need to confront yourself, your family and your business, begin a dialogue and be open to where it leads you. Read More

So, you have decided to franchise your business. Perhaps you have a potential franchisee waiting in the wings. You call your lawyer: Let's get those franchising documents together. Let's get going you say. Okay, we will, but let's discuss a few things first.

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Transition planning is a process of preparing for the transition of a business either to the next generation, a management team or an outside buyer. In the process you need to confront yourself, your family and your business, begin a dialogue and be open to where it leads you. Read More
Mar 17, 2011
Article
Can you fire a staffer who comes to work drunk?

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Sep 30, 2010
Article
Partner David Shlagbaum uses a joke to illustrate the challenging dynamics for a family business. A father calls his son into an office where there are two hats on the table. One hat says "boss" and the other says "dad." The father puts on the "boss" hat and says, "Billy, I'm sorry to say this, but you're not working out. You're not right for this role. You're fired." Then he immediately puts on the "dad" hat: "Billy, I'm so sorry. I just heard you got fired! Are you okay?" Read More

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Business Law

“Risk Management and Ethical Considerations Involving E-Discovery”, International Association of Korean Lawyers’ 28th Annual Conf... Read More

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