Legal Blog:
Consideration
Do you remember the concept of consideration from law school days? It seems that one of the lawyers in Melko v. Estate of Lloyd (2002) 61 O.R. (4th) 151 (S.C.J.) did not.
Continue Reading >Reserve
The condominium reserve fund is a wonderful thing – when there is money in it. When there is none, problems occur. One type of problem is illustrated in Boschetti v. Sanzo [2003] O.J. No. 5227 (S.C.J.).
Continue Reading >Off Limits
There is a specific statutory exception for insurance policies and proceeds; joint property passes to the surviving joint tenant upon death. What happens to proceeds from an RSP devolving on the death of a debtor to the debtor’s spouse? Can the creditors claim these proceeds? This was the issue that was decided in Amherst Crane Rentals Ltd. v. Perring, a 2004 decision of the Ontario Court of Appeal.
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