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    What's new with strata wind-ups?
    2021-06-07

    A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the "strata") by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata's property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

    Introduction to strata wind-ups

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Coronavirus
    Authors:
    Paulina Kam , Jimmy Burg
    Location:
    Canada
    Firm:
    Gowling WLG
    Ontario Court of Appeal: A debtor's assurances may prolong the discoverability of a creditor's claim for non-payment
    2022-08-23

    Understanding limitation periods are of crucial importance in the construction industry, particularly when a contractor is faced with unpaid invoices for services or materials rendered. The Ontario Court of Appeal stepped back into the spotlight in this regard with its decision in Thermal Exchange Service Inc. v Metropolitan Toronto Condominium Corporation No. 1289, 2022 ONCA 186, in holding that a defendant's assurances may prolong the "discoverability" of a claim for non-payment.

    Background

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Gowling WLG, Court of Appeal for Ontario
    Authors:
    Sahil Shoor , Michael Piaseczny
    Location:
    Canada
    Firm:
    Gowling WLG
    What's new with strata wind-ups?
    2021-06-07

    A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the "strata") by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata's property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

    Introduction to strata wind-ups

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Coronavirus
    Authors:
    Paulina Kam , Jimmy Burg
    Location:
    Canada
    Firm:
    Gowling WLG
    What's new with strata wind-ups?
    2021-06-07

    A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the "strata") by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata's property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

    Introduction to strata wind-ups

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Coronavirus
    Authors:
    Paulina Kam , Jimmy Burg
    Location:
    Canada
    Firm:
    Gowling WLG
    Ontario Court of Appeal: A debtor's assurances may prolong the discoverability of a creditor's claim for non-payment
    2022-08-23

    Understanding limitation periods are of crucial importance in the construction industry, particularly when a contractor is faced with unpaid invoices for services or materials rendered. The Ontario Court of Appeal stepped back into the spotlight in this regard with its decision in Thermal Exchange Service Inc. v Metropolitan Toronto Condominium Corporation No. 1289, 2022 ONCA 186, in holding that a defendant's assurances may prolong the "discoverability" of a claim for non-payment.

    Background

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Gowling WLG, Court of Appeal for Ontario
    Authors:
    Sahil Shoor , Michael Piaseczny
    Location:
    Canada
    Firm:
    Gowling WLG
    Ontario Court of Appeal: A debtor's assurances may prolong the discoverability of a creditor's claim for non-payment
    2022-08-23

    Understanding limitation periods are of crucial importance in the construction industry, particularly when a contractor is faced with unpaid invoices for services or materials rendered. The Ontario Court of Appeal stepped back into the spotlight in this regard with its decision in Thermal Exchange Service Inc. v Metropolitan Toronto Condominium Corporation No. 1289, 2022 ONCA 186, in holding that a defendant's assurances may prolong the "discoverability" of a claim for non-payment.

    Background

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Gowling WLG, Court of Appeal for Ontario
    Authors:
    Sahil Shoor , Michael Piaseczny
    Location:
    Canada
    Firm:
    Gowling WLG
    What's new with strata wind-ups?
    2021-06-07

    A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the "strata") by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata's property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

    Introduction to strata wind-ups

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Coronavirus
    Authors:
    Paulina Kam , Jimmy Burg
    Location:
    Canada
    Firm:
    Gowling WLG
    Ontario Court of Appeal: A debtor's assurances may prolong the discoverability of a creditor's claim for non-payment
    2022-08-23

    Understanding limitation periods are of crucial importance in the construction industry, particularly when a contractor is faced with unpaid invoices for services or materials rendered. The Ontario Court of Appeal stepped back into the spotlight in this regard with its decision in Thermal Exchange Service Inc. v Metropolitan Toronto Condominium Corporation No. 1289, 2022 ONCA 186, in holding that a defendant's assurances may prolong the "discoverability" of a claim for non-payment.

    Background

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Gowling WLG, Court of Appeal for Ontario
    Authors:
    Sahil Shoor , Michael Piaseczny
    Location:
    Canada
    Firm:
    Gowling WLG
    What's new with strata wind-ups?
    2021-06-07

    A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the "strata") by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata's property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

    Introduction to strata wind-ups

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Coronavirus
    Authors:
    Paulina Kam , Jimmy Burg
    Location:
    Canada
    Firm:
    Gowling WLG
    Ontario Court of Appeal: A debtor's assurances may prolong the discoverability of a creditor's claim for non-payment
    2022-08-23

    Understanding limitation periods are of crucial importance in the construction industry, particularly when a contractor is faced with unpaid invoices for services or materials rendered. The Ontario Court of Appeal stepped back into the spotlight in this regard with its decision in Thermal Exchange Service Inc. v Metropolitan Toronto Condominium Corporation No. 1289, 2022 ONCA 186, in holding that a defendant's assurances may prolong the "discoverability" of a claim for non-payment.

    Background

    Filed under:
    Canada, Ontario, Insolvency & Restructuring, Litigation, Gowling WLG, Court of Appeal for Ontario
    Authors:
    Sahil Shoor , Michael Piaseczny
    Location:
    Canada
    Firm:
    Gowling WLG

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