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June 2014 Archives

Assignment in bankruptcy instead of appealing a CRA assessment

Are you considering filing an assignment in bankruptcy rather than appealing a large assessment that you received from the Canada Revenue Agency?  If so, you better think twice since it could have a large impact on what kind of order the court will make at your discharge hearing.  In Re Baran, 2013 CarswellOnt 16766 (S.C.J.), the Canada Revenue Agency (the "CRA") issued a notice of reassessment.  Rather than appealing the reassessment, Ms. Baran filed an assignment in bankruptcy.

Enforcement of Non-Competition Clauses in Employment Agreements

Are you entering into an employment agreement with an employee who could seriously affect your business if they left your employment and started competing against you?  If so, then you might want to consider including a non-competition agreement in the employment agreement.  However, you should be aware that courts in general do not like non-competition agreements because they are seen to be in "restraint of trade."

Eli Udell and Timothy Grieve to Attend Inaugural Ottawa Meeting of the Real Estate Investment Network (REIN)

On the evening of June 12, 2014, the Real Estate Investment Network will hold its inaugural workshop at the Ottawa Convention Centre.  Merovitz Potechin LLP is pleased to announce that it will be the featured sponsor for this event, and that two of its lawyers will be on-site to discuss what our real estate and business law groups can do to facilitate your next real estate transaction.  If you are in attendance at this event, please be sure to visit with Eli Udell or Tim Grieve to introduce yourself!

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