Call us: (905) 366 9700
Legal Blog:
Jun
01
2009
Circle of Funds
The goal of an effective fraudulent debtor is to hide his assets; the more ways he hides them, the better. One of the usual means is by way of a hidden trust. Another is to transfer funds in a circle, pretending something happened when it did not. Both of these methods were employed in Haaksma v. Haaksma, a 2008 decision of the Ontario Superior Court of Justice.
Continue Reading >Jun
01
2009
Consideration #2
Consideration issues sometimes arise in a contractual dispute. For example, if one party does not like the terms of a contract, it may argue that the contract is unenforceable because there was no consideration for it. This often occurs in an employment context. Two examples are set out in Braiden v. La-Z-Boy Canada Inc. [2008] O.J. No. 2314 (C.A.) and Rejdak v. Fight Network (2008), 67 C.C.E.L. (3d) 309 (SCJ).
Continue Reading >