Banking on Corporate: Keeping Corporate Law Simple
Excerpt from "Banking on Corporate: Keeping Corporate Law Simple", Neill May, Canadian Lawyer
As I write this, there is much discussion of the great power of certain tools. In the midst of a pandemic, certain presidential sources are discussing the potential utility of introducing heat and light into the human body and even the possible benefits of ingesting household cleaning products. Where commercial relationships are concerned, it may seem that corporate law offers a limitless source of remedies. In fact, I hear that question all the time: “Corporate lawyers, is there anything you can’t do?” But the recent Ontario decision in AIMCO Re GP Corp. v. CHC MPAR Church Holdings Inc. reminded all that there are limits.