Business Beat

On September 4, 2018, Ontario’s Court of Appeal released its much anticipated decision in the case of Solar Power Network Inc. v. ClearFlow Energy Finance Corp., which provides a clear statement on the legitimacy of using annualizing formulas in commercial financing arrangements.

What is an accelerator, incubator and eco-bator and which is most appropriate for your start-up?

Examining personal liability in the corporate context in the wake of the Supreme Court of Canada's decision in Wilson v Alharayeri.

Court backs move of trust's residency in Herman Grad 2000 Family Trust v. Ontario (Minister of Revenue) 2016 ONSC 2402

HarbourEdge Mortgage Investment Corp. v. Powell Associates Ltd. (2016), 2016 NBQB 178 6 PPSAC (4th) 266, 42 C.B.R. (6th) 149

Toronto-Dominion Bank v. Konga 2017 CanLII 35122, Trimble, Re 2017 SKQB 59, CIBC v. Marko 2017 ONSC 1113, Royal Bank v. Delta Logistics 2017 ONSC 368, RBC v. Modo 2017 ONSC 1167 and CIT Financial Ltd. v. ICBC 2017 BCSC 641

The Fall 2016 Report of the Council to the Minister has been published by the Minister and comments are due by December 12, 2016. A summary of the recommendations included in the report are set out herein.

Supreme Court of Canada clarifies standard of review for interpretation of standard form contracts in Ledcor Construction Ltd. v Northbridge Indemnity Insurance Co. 2016 SCC 37

Recent cases of note: Canada v. Callidus Capital Corp., 2015; D’eon Fisheries Ltd. (Re), 2016; Scott (c.o.b. as Oldfield Orchard) v. Filipovic, 2015; Cieslok Media Ltd. v. Clarity Outdoor Media Inc., Outfront Media Canada LP, Intervenor, 2016; 1889072 Ontario Limited v. Globealive Wireless Management, 2016; Crate Marine, 2015.

Ontario has or is now proceeding with a number of amendments to the PPSA and RSLA and other commercial law statutes of which you need to be aware.