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
Saskatchewan Court of Appeal Clarifies Priorities Between Builders’ Lien Claimants and Secured Creditors of Oil & Gas and Mining Projects
In its July 20, 2017 decision in National Bank of Canada… Read More