When to pay your financial advisors, Canadian Lawyer

Neill May is a contributor to Canadian Lawyer magazine.  This article first appeared in the August, 2017 issue.

Excerpt from "When to pay your financial advisors":

The issue of an unclear connection between a claim for payment and services rendered was at the heart of the recent Ontario Superior Court of Justice decision in RBC Dominion Securities Inc. v. Crew Gold Corporation. The case involved a financial services arrangement with relatively typical terms, including a success fee component and a “tail” fee feature (pursuant to which the success fee is payable if the triggering event occurs within a short period following termination of the agreement), though the facts of the case were somewhat unique.