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McInnes Cooper can guide you in all aspects of real property assessment, purchasing, financing, leasing and sale. We represent local, national and international land developers, as well as banks, trust companies, real estate firms and international investors. The projects we’re involved in range from residential subdivisions and condominiums to shopping centres, recreational developments, office buildings and commercial and industrial buildings. Our lawyers have the experience and knowledge to structure joint ventures, limited partnerships and other forms of real estate syndications.

Legal Alert: SCC Opens the Door to Compound Interest – and Bigger Awards – in Commercial Arbitrations
October  7, 2013

<p>On October 4, 2013 the Supreme Court of Canada decided whether an arbitrator under provincial commercial arbitration legislation has the power to award commercial rates of compound – rather than merely simple – interest.  In <a href=""><i>British</i> <i>Columbia (Forests) v. Teal Cedar Products Ltd</i>.</a>, the SCC found that an arbitrator acting under the BC commercial

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Legal Update: “Distinct and Memorable” Notice Required to Lien Owner’s Interest for Tenant’s Leasehold Improvements in NB
September  3, 2013

<p>In July 2013, the NB Court of Queen’s Bench delivered only the second reported decision dealing with the notice required under section 12 of the NB <i>Mechanics’ Lien</i> <i>Act</i> to lien the owner’s interest for a tenant’s leasehold improvements: </p> <p>&nbsp;</p> <ul> <li><b>Statutory Notice Requirement.</b> A contractor seeking to lien an owner’s interest for tenant’s leasehold

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Legal Alert: SCC Says “Embedded Costs” Not “Proceeds of Disposition” For Tax Purposes
May 24, 2013

<p>On May 23, 2013 the Supreme Court of Canada clarified how to determine “proceeds of disposition” in establishing the amount of a capital gain for income tax purposes. </p> <p>&nbsp;</p> <p>Should a vendor add to the “proceeds of distribution” the purchaser’s cost of the vendor’s obligations respecting the transferred property that such purchaser assumed?  The SCC

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NB’s New Limitation Periods Effective May 1, 2012
April 27, 2012

<table style="width: 556px;border: #000000 0px solid" border="0" cellpadding="2"> <tbody> <tr> <td style="text-align: left"> <p>Effective May 1, 2012, New Brunswick’s new limitation of actions legislation will take full effect, with a significant impact on any parties engaged in litigation in New Brunswick.</p> <p>&nbsp;</p> <p>Parties with existing or potential claims should review the changes under the new

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Professional Negligence for Realtors – A Rising Tide
May  6, 2011

Earlier this year, the Ontario Court of Appeal reversed the Superior Court of Justice’s decision in Krawchuk v. Scherbak. The Court’s reasoning appears to send a signal that real estate professionals will be held to a higher standard of care than has, to date, been enforced against them. &nbsp; The case of Krawchuk v. Scherbak

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