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April 2014 Archives

Bankruptcy: Federal vs. Provincial Jurisdiction and Obtaining A "Fresh Start"

When a bankrupt obtains his or her discharge from bankruptcy, the Bankruptcy and Insolvency Act (the "BIA") provides that the bankrupt is released from any claim that is provable in his or her bankruptcy subject to certain exceptions. For example, a judgment debt incurred by the bankrupt as a result of a motor vehicle accident is a debt that the bankrupt would be released from.

Offers, Counter-Offers and Properly Completing Your Real Estate Deal

The Ontario Superior Court of Justice recently handed down a decision in the case of Pilon v. Rosu.  The plaintiff purchaser was interested in purchasing the defendant vendors' home.  An Agreement of Purchase and Sale was prepared and executed by the plaintiff as purchaser.  Several counter offers were exchanged by way of PDF files.  Ultimately, the real estate agent for the plaintiff sent a counter-offer that was missing the signature page. 

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Ottawa, ON K1Z 8R1

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