Goodmans Presents: What's Hrynew in Contracts: The Organizing Principle of Good Faith
8:00 – 8:30 am: Breakfast & Networking
8:30 – 9:30 am: Program
By now you’ve likely read about the Supreme Court of Canada’s unanimous decision in Bhasin v. Hrynew, in which the Court established an “organizing principle” of good faith in contract law. This organizing principle serves as the foundation for more specific duties, including the new common law duty of honesty in contractual performance. Parties to commercial contracts need to be aware of the implications of this decision, including that the text of their agreement does not necessarily encompass all the duties owed to their counterparty.
Our speakers will discuss what this newly recognized organizing principle and newly established duty of honest performance might mean for businesses entering into contracts and for counsel drafting them.