Jeremy Sacks quoted in The Lawyer’s Daily article on provincial trusts in insolvency proceedings
The Lawyer's Daily, "Ontario court clarifies when provincial trusts will be upheld in insolvency proceedings"
Ontario contractors have often been out of luck to collect monies owed to them during insolvency proceedings, despite provincial legislation that ensures that doesn’t happen. Under subsection 9(1) of Ontario’s Construction Act, when an owner sells a property and trade contractors […]
