In a competitive housing market, bidding wars are common, and buyers need every advantage they can get. One tactic that’s become increasingly popular? The escalation clause. This stipulation ...

There used to be a joke among Premier League deal-makers that if they phoned up a competitor to enquire about one of their players, they already knew the exact figure about to be flung back at them: ...

Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in clear and specific language. Seasoned construction professionals recognize the ...

Courts in Alberta and Ontario have recently released two notable decisions on “pay when paid” clauses: Sprague Rosser Contracting Co. Ltd. v. EOS Pipeline & Facilities Inc., (EOS Pipeline) and 6157734 ...

When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

Adam Browser discusses an overlooked section of the Prompt Payment Act which provides an alternative to invalid 'pay-when-paid' clauses. In the construction industry, it is common for a general ...

The benefits of non-compete clauses have been the subject of rigorous scholarly debate. Some scholars contend that banning ...