Depreciation Reports: Buying a Condo, and What it Means for You

The Depreciation Report will prove very advantageous for both current condo owners and prospective buyers, who will now have a much clearer picture of what state the building is currently in and what kinds of costs they can…

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Court Ordered Liquidation and Dissolution

Recently in the Supreme Court of B.C. a decision was released, Higginson v. R.T.D. Enterprises Ltd., regarding a court ordered liquidation and dissolution of a Company.  In this case two brothers, Reggie and George Higginson were the only…

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No Will – More Worries?

The Supreme Court of British Columbia has recently heard and decided upon an estate dispute (Souraya v. Kinch), which concerned the estate of Billy Jaswant Singh Rai, who was involved in criminal gang activities for many years. Billy…

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The Ongoing Problems of Dual Class Share Structures

The underlying tension between Telus and Mason, relates to the proposed alteration to the share structure of Telus, and the resulting elimination of the distinction between Telus shares that have a right to vote, and those that do…

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Online Information now available for Registered Charities

Canada Revenue Agency has just announced a new feature on their online Charity search function.   The feature, “Charity Quick View” now displays a summary of the Registered Charity Information Return.  The Registered Charity Information Return is filed by…

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If Artwork can’t be sold should it valued at $0?

A recent article in the New York Times covers an interesting position taken by the IRS in relation to a piece of artwork entitled “Canyon” and created by Robert Rauschenberg (the “Artwork”).   The “sculptural combine” Artwork includes a…

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The Perils of Joint Tenancy with Children

A recent case decided by the Supreme Court of British Columbia, Eng (Re), demonstrates the risk parents take when adding their children to title to their property in joint tenancy.  Adding a child as a joint tenant on…

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An Oil Tank Surprise

In a recent case from the Supreme Court of British Columbia, A Speedy Solutions Oil Tank Removal Inc. v. Horvath Estate the Executor of the Horvath Estate had entered into a contract to sell the estate real property…

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Safeguarding Business Know-How – Confidentiality and Non-Compete Clauses

A well drafted employment agreement will address issues of non-solicitation, confidentiality and non-competition, in a manner that precisely focuses on the employer’s business, which will result in an enforceable contract, and the proper protection of the employer’s confidential…

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