We are pleased to announce that Kornfeld’s has been ranked by Chambers and Partners in their upcoming 2024 guide. Chambers rankings are grounded in rigorous independent research, client feedback, and peer reviews, ensuring that the accolades we receive genuinely reflect the quality and dedication of our work. Growth & Recognition for the Firm Kornfeld LLPContinue reading “Kornfeld LLP: Recognized for Excellence by Chambers and Partners”
Regulations Released: Federal Government Imposes Temporary Ban on the Purchase by Foreign Purchasers of Residential Properties in Canada
Note: this blog has been updated as of March 27, 2023, following the announcement of amendments to the Act (the “Amendments”). Prohibition on the Purchase of Residential Property by Non-Canadians Regulations (the “Regulations”) came into force on January 1, 2023. The Regulations provide further details on the scope of the application of and exemption fromContinue reading “Regulations Released: Federal Government Imposes Temporary Ban on the Purchase by Foreign Purchasers of Residential Properties in Canada”
Principles of Tracing
This paper outlines the ways in which tracing may be employed by plaintiffs to recover funds or other property. Tracing is ancillary to equitable, common law and statutory remedies, including constructive trusts, equitable liens or charges and orders relating to fraudulent conveyances. Complexities may arise in tracing claims into a fund or assets to whichContinue reading “Principles of Tracing”
BC companies will be required to maintain a transparency register unless an exemption applies
Like other governments across Canada, British Columbia has recently taken a number of measures to combat money laundering, tax evasion and similar concerns, and more measures are planned. This article provides an overview of three such measures which require the disclosure of indirect and beneficial ownership of real property or corporations as a way ofContinue reading “BC companies will be required to maintain a transparency register unless an exemption applies”
Looking at Woodward’s: 10 years later
Built in 1903, when there were 60,000 people living in the city, Woodward’s was geographically split between the premier downtown shopping destinations to the west and the concentration of transient housing and brothels to the east, providing goods to working- and middle-class residents. The original building’s history itself runs analogous to that of the CityContinue reading “Looking at Woodward’s: 10 years later”
Options to Renew: Key Points to Consider in Lease Renewals
The Supreme Court of British Columbia recently clarified lease renewal rights in the context of a commercial lease in The Zone Bowling Centre (2002) Ltd. v. 14100 Entertainment Blvd. Investments Ltd., 2015 BCSC 524. What do the courts tell us about lease renewal rights? The decision stresses the importance of parties to aContinue reading “Options to Renew: Key Points to Consider in Lease Renewals”
Ownership of US real estate: Some things to consider
Planning for ownership of U.S. real estate Introduction If you have not yet received this call, you will. “My wife/husband and I were in Scottsdale/Palm Springs/Maui last week and signed a contract for a town house/single family home/condominium. How should we own it?” This article will tell you what to say. Welcome to the USContinue reading “Ownership of US real estate: Some things to consider”
Settlements between some, but not all, parties to a dispute
A seemingly counter-intuitive process has just come a bit closer to being the final law of Canada. We often act for clients who are asserting or defending claims against multiple parties. These can arise in a myriad of situations, for instance: claims by purchasers of land may target the buyer’s lawyer and realtor as wellContinue reading “Settlements between some, but not all, parties to a dispute”
Land Title Act Does Not Override Land Law Relating to Water Frontage
Thanks to Richard Sehmer for his assistance with this article On November 29, the British Columbia Court of Appeal released what may prove to be an important judgment on the adjustment of waterfront land boundaries as a result of either soil deposits or the ebbing of water adjacent to one’s property (“accretion”). The focus of this appeal, whichContinue reading “Land Title Act Does Not Override Land Law Relating to Water Frontage”
Pre-2007 “Subdividing” Leases Unenforceable
The British Columbia Court of Appeal has ruled on the question of whether section 73.1 of the Land Title Act has retrospective application: Idle-O-Apartments Inc. v. Charlyn Investments Ltd. 2010 BCCA 460 – Reasons for Judgment Dated October 19, 2010. The same court earlier ruled that a lease for over three years for a portionContinue reading “Pre-2007 “Subdividing” Leases Unenforceable”