Are You Entitled to Interest on Arrears?

Does your business issue invoices requiring the payment of interest on outstanding arrears?  Do those terms match a current and valid credit agreement between your business and the customer?  Although you may think that you are entitled to interest at the rate stated on your invoice, the recent case of a wood supplier and cabinetmaker indicates…

Can You Agree to Agree?

Now there is a philosophical question!  But it is also a legal one.  In the law of contracts, “agreements to agree” are not enforceable.  However, there are many situations where all terms of an agreement are not or cannot be determined or specified at the time of the original deal, and are left open to…

The Danger of Partnerships

Often those starting up or otherwise involved in construction businesses do so in partnerships.  But rarely is sufficient thought given to the dangers of doing so, as was painfully experienced by an innocent partner in a case decided by the British Columbia Supreme Court recently. FACTS Two architects worked together for years in operating a…