A drafting mistake in an agreement can result in significant and unintended tax consequences. In the recent case of Baytex Energy Ltd. v. Canada (Attorney General) (Baytex), the Court of Queen’s Bench of Alberta (Court)...more
11/3/2015
/ Canada ,
Corporate Taxes ,
Evidence ,
Income Tax Act ,
Income Taxes ,
Intent of the Parties ,
Mistake ,
NPI Agreement ,
Offsets ,
Oil & Gas ,
Rectification ,
Rescission ,
Trusts ,
Written Agreements
In a recent decision, Ledcor Construction Limited v. Northbridge Indemnity Insurance Company (Ledcor), the Alberta Court of Appeal (Court) gave guidance on the scope of defects exclusions in “all-risks” construction insurance...more
In Warner v. Smith & Nephew Inc. (Warner), a recent decision of the Court of Queen’s Bench of Alberta, Justice G.H. Poelman gave guidance on the class certification process and the extent to which the court will evaluate the...more