Letters of credit are occasionally used in construction contracts to secure the performance of a contractor’s obligations to the owner.
They are instruments created at the request of a customer (i.e.… Read More
On February 15, 2018 the Supreme Court of Canada released its decision in Valard Construction v. Bird Construction. The Court found that in certain circumstances, a trustee has an obligation to… Read More
Ontario has recently conducted an extensive review of its Construction Lien Act, which generated a number of recommendations for updating and modernizing the statute. The Ontario efforts left many in… Read More
What rights do subcontractors, bonding companies and owners have to project funds when a general contractor is insolvent?
A recent 2017 decision from the Manitoba Court of Queen’s Bench (Manitoba Housing… Read More
This post was written prior to our January 2017 merger, under our previous firm name, MacPherson Leslie & Tyerman LLP.
Author: Braden Marianchuk
Insurers, contractors, and construction project owners should take note… Read More