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Commercial Lease Disputes

Limitation Periods – Often Overlooked, Yet Potentially Fatal to Your Legal Rights

Written by on May 29, 2015.

It is inevitable that at some point a business will experience a harmful event that causes it to suffer a financial loss. Examples include a third party breaking a contract or a warehouse fire due to faulty electrical wiring. Therefore, businesses need to be aware of the time limits that restrict their right to start a lawsuit. The legal term for this is limitation period (think of it as an hourglass full of sand). Definition of Limitation Periods Ontario has a default two-year limitation peri...

Contracts and the doctrine of good faith – A New Era

Written by on December 17, 2014.

In Bhasin v Hrynew, the Supreme Court of Canada made a significant ruling regarding the duty of good faith in contract relationships. This will provide guidance to an area of Canadian law described as “piecemeal, unsettled and unclear.”. In this article, Cole Vegso provides a brief explanation of the decision and considers some of the implications for Canadians. Introduction In Bhasin v Hrynew,[1] the Supreme Court of Canada made a significant ruling regarding the duty of good faith ...