Direct agreements or tripartite agreements are often an important feature of financings involving ground leases or single tenants, as well as in project finance. … Continue Reading
On October 2, 2012, the Government of British Columbia announced that province’s new Limitation Act (Bill 34) (New Act) will come into force on June 1, 2013. The New Act will bring about important changes to the calculation of limitation periods in the province. Here are 10 things you should know.
1. The basic limitation period for most claims will be shortened to two years
The New Act shortens the basic limitation period to two years for most claims, including claims against hospitals. Under the current Limitation Act (Current Act), the basic limitation period for most claims ranges from … Continue Reading