Some employees are hired pursuant to a verbal contract of employment. For others, the terms of the contract are set out in a formal written agreement. Written or oral, the agreement between employer and employee is a contract. If some terms of the agreement are uncertain, then basic rights and obligations are implied at law. In addition, all employment agreements…
Joint ventures (JV) are quite common when two or more parties want to start a new project or reach a particular goal. However, prior to entering such an agreement, it’s important that each venturer is protected. By outlining each partner’s expectations in the beginning, they’ll most likely avoid conflict down the road. The goal is to protect each individual’s business…
The consequences of the COVID-19 pandemic have been wide reaching, especially for the energy sector. It has, and continues to, experience unforeseen challenges to its daily operations. For example, closures, employees quarantining or self-isolating, and disrupted supply chains. These difficulties have only been exacerbated by unprecedented declines in oil prices. As a result, it’s reasonable to assume that many oil…
It’s no secret that the greater Vancouver housing market is an active one. However, given the number of transactions that were underway during the COVID-19 outbreak, it makes sense for contract-bearers to worry. A series of legal issues have risen, and continue to rise, regarding negotiating new transactions, transactions in progress, and lastly, transactions with binding contracts yet to close.…
Without a doubt, Canada is facing a significant slowdown due to the novel coronavirus or COVID-19. Businesses have shut down, international supply chains have been disrupted, international travel has slowed, and borders have closed. The pandemic has had, and will continue to have, unprecedented effects on the global economy. Ultimately, this will leave many individuals and businesses unable to follow…
In some cases, buyers may change their minds or realize that they are no longer financially able to follow through with their purchase. However, reneging has proven to be quite expensive and stressful. Therefore, it is important that buyers are well aware of what they are getting themselves into and the terms by which their offer is based on. An…
A few decisions on unjust enrichment hold the reader’s eye like Norkum v. Fletcher, 2018 BCSC 904. The decision starts: “Sex for pay, opportunism, deception and false expectations form the backdrop to this litigation.” On June 1, 2018, the Supreme Court of BC issued reasons finding in Mr. Norkum’s favor on allegations of unjust enrichment arising from two properties. The…
Vancouver’s real-estate market has been on the rise and contractors are in high demand. From the maintenance of a real-estate investment to renovating or building a house; more people are generally inclined to enter into an agreement with a contractor or builder. An agreement struck with a contractor for restoration, renovation or building services fall within the scope of contract…
If you’ve been following the real-estate market in any metropolitan city, you’ve most likely overheard the term ‘assignment’ when talking about buying or selling condos. What is an assignment? An assignment is the transfer of one party’s interests in a contract of purchase and sale to a separate outside party. In layman’s terms, an outside party takes over the position…
Many people enter into agreements and contracts without knowing exactly what they are getting themselves into. Clicking “I Agree” on the registration forms of different online services or signing waiver forms are examples of such contracts. We have all been there. It is important for consumers of goods and services to know that, while they are engaging in a transaction…