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Good afternoon.

Following are our summaries of the civil decisions of the Court of Appeal for Ontario for the week of March 14, 2022.

Topics covered this week included property of a bankrupt (beneficial interest in trust property), testamentary capacity and extensions of time to perfect appeals.

Wishing everyone an enjoyable weekend.

Table of Contents

Civil Decisions

Good evening.

Following are our summaries of the civil decisions of the Court of Appeal for Ontario for the week of March 7, 2022.

In Ernst & Young Inc. v. Aquino, the court upheld the application judge’s decision to grant the orders the Bondfield monitor and trustee in bankruptcy requiring payments made at undervalue to be repaid.  In coming to its decision, the Court applied the corporate attribution doctrine.

根据测算,截止2022年年初,国内烂尾项目规模已经超过2万亿,随着2021年大型房地产公司接连“暴雷”,势必会产生更多的烂尾或接近烂尾的项目。对于商业逻辑自洽的单体项目破产重组,借助破产清算或重整程序分兵突围势必成为地方政府主导重整的最优路径。但是鉴于目前的房地产市场行情以及烂尾项目续建的特点,大部分重整投资人,尤其是财务投资类型的重整投资人更倾向于采用固定收益的方式进行项目重整,既能实现维护稳定的社会效果,又能最大限度地保证投资安全。因此,如何在当前法律架构下保障固定收益重整投资人的利益是本文中讨论的主要问题。

一 重整投资人的收益模式对比

重整投资人参与烂尾项目的收益模式大致可以分为固定收益模式、风险收益模式和固定加风险收益模式。不同的收益模式下重整投资人有不同的投资逻辑,也有不同的退出模式。我们从投入、收益、风险以及安全性角度对固定收益模式与风险收益模式进行了比较。

(一)固定收益模式

固定收益模式的特点是重整投资人投入重整资金,约定固定收益率,在最终财产变现所得中优先收回投资本金及收益,项目剩余资产全部用于债权清偿。

Good afternoon.

Following are this week’s summaries of the Court of Appeal for Ontario for the week of December 27, 2021. There were only two substantive civil decisions released this week.

Good evening.

Following are this week’s summaries of the Court of Appeal for Ontario for the week of September 13, 2021.

Good afternoon.

Please find below our summaries of the civil decisions of the Ontario Court of Appeal for the week of August 23, 2021.

There were three substantive civil decisions this week. Vu v. Canada (Attorney General) deals with discoverability and limitation periods related to the torts of false arrest and imprisonment. In dismissing the appeal, the Court confirmed the date of an arrest is merely a presumptive date for the commencement of the limitation period – a date that can be rebutted.

Good afternoon.

Following are this week’s summaries of the Court of Appeal for Ontario for the week of June 14, 2021.

In Kelava v. Spadacini, the Court found that a Deputy Judge of the Small Claims Court has the jurisdiction to make a representation order relying on Rule 12 of the ordinary Rules of Civil Procedure by analogy. The overriding consideration in Small Claims Court matters is access to justice.

Good afternoon.

Following are this week’s summaries of the Court of Appeal for Ontario for the week of May 31, 2021.

Good afternoon,

Following are this week’s summaries of the civil decisions of the Court of Appeal for Ontario.