Forcing an Exit - Shotgun Clause

July 25, 2019
For the first time in the Toronto Raptor’s 24-year journey, the team made history by advancing to the NBA finals. In 1995, the vision of the founding members, John Bitove and Allan Slaight, was to establish a new mark for the city of Toronto by creating an organization with the ultimate goal of winning an NBA championship. In this instant case, their shareholder agreement included a shotgun clause.

How broadly should an arbitration clause be worded?

June 02, 2017
A Quebec court ruled that an action for damages based on a defamation claim fell within the scope of a very broadly worded arbitration clause, because the sources and circumstances of the impugned statements originated from the contract and made reference to its requirements. Note that this was not a consumer contract.

Legal Tips and Tricks: Deal Negotiations Using an LOI/MOU

March 30, 2017
Often, companies will try to secure a Letter of Intent or Memorandum of Understanding ("LOI/MOI") from a potential contracting counterparty, for the purpose of outlining the high-level terms of a contractual relationship and to help demonstrate the viability of a project.

Overview of Dispute Resolution Agreement

March 30, 2017
‘Dispute resolution’ refers to the process by which disputes are to be resolved between parties to an agreement. The two basic approaches to resolving disputes are the court system, and mediation/arbitration.

What Makes a Contract Enforceable?

January 09, 2017
There are numerous stories that can be found on the internet about people requesting to be reimbursed for coffee or a drink upon being turned down for a second date. While these are light-hearted examples of slightly eccentric dating behaviour, the stories are actually a real-world manifestation of a legal issue—namely, when is a contract valid and enforceable?

IOC Not “Russian” to Enforce Full Olympic Ban

August 11, 2016
Despite widespread state-supported doping among Russian athletes at the 2014 Sochi Olympics, the International Olympic Committee (IOC) declined to give a blanket ban on Russia’s ability to participate in the 2016 Olympic Games in Rio De Janeiro.

Arbitration: How to Prepare for War - Legal War That Is

July 11, 2016
Going to court or going to war? For most people, the two words refer to the same thing when it comes to legal disputes. To avoid ‘going to war’, dispute resolution methods such as arbitration are becoming the weapon of choice.

Arbitration: How to Prepare for War - Legal War That Is

July 11, 2016
Going to court or going to war? For most people, the two words refer to the same thing when it comes to legal disputes. To avoid ‘going to war’, dispute resolution methods such as arbitration are becoming the weapon of choice.

Settling Is Not Admitting

August 03, 2015
A settlement does not have to be an admission of wrongdoing. This is done to help protect the settlor’s reputation.

Seek Forum for Arbitration with Best Prospect of Achieving and Enforcing Successful Contract

July 25, 2015
While international arbitration seeks to aid in the legal predictability and stability of international contracts by providing for the neutral, impartial, centralized and enforceable resolution of disputes arising out of international contracts, parties should always seek to negotiate the forum where they have the best prospect of achieving and enforcing success.

Seek Forum for Arbitration with Best Prospect of Achieving and Enforcing Successful Contract

July 25, 2015
While international arbitration seeks to aid in the legal predictability and stability of international contracts by providing for the neutral, impartial, centralized and enforceable resolution of disputes arising out of international contracts, parties should always seek to negotiate the forum where they have the best prospect of achieving and enforcing success.

Scope of Release Is Crucial to Settlement Agreement

June 12, 2015
A good settlement agreement should clearly define the effect the agreement will have on future and current claims, and whether it applies to all claims between the parties, or only those claims arising out of a particular agreement or set of circumstances.