It’s no lie: Supreme Court recognizes contractual duty of good faith
The Supreme Court of Canada’s decision in Bhasin v. Hrynew significantly evolves the common law of contract by recognizing a general common law duty of good faith contractual performance, and in particular a specific duty to act honestly in the performance of contractual obligations. Harish Bhasin had an “enrolment director” contract with Canadian American Financial Corp (“Can-Am”) pursuant to which Mr. Bhasin sold Can Am’s education savings plans. This was an exclusive contract – Mr. Bhasin was only allowed to sell Can-Am’s products. Mr. Bhasin built a sales force over 10 years, and became one of Can-Am’s top producers. Mr. ... [more] Full article
Crane Rental Operater Hoisted by Restrictive Covenants
Non-compete and non-solicit clauses are presumptively valid when connected to an agreement for purchase and sale of a business, the Supreme Court confirmed recently. While such sales may also give ... [more] Full article
Table Manners – Recipes for Negotiators: #2 The Mandate
Another integral aspect of the negotiating process is the mandate. Legal counsel as well as other individuals, often represent clients either as an individual or in a larger groups. Your mandate, or lack of mandate, can be crucial to your success, failure or to prolonging the negotiating process indefinitely. [more] Full article
Table Manners – Recipes for Negotiators
The legendary basketball coach, John Wooden, once said: “A failure to prepare is preparing to fail.” The same can be said of the negotiator. Preparation is another crucial determinant of the negotiating process. [more] Full article