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Performance Bonds: What Project Finance Lenders Should Know

Feb 28, 2019

As part of the performance security package for construction projects, project finance lenders (as well as project owners, landlords and government authorities) often require performance bonds from the construction contractor as security for the performance of the contractor’s obligations.

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Five Key Takeaways from the 18th Annual Franchise Law Conference

Dec 29, 2018

Several lawyers from McMillan’s Franchise Law and Distribution Group presented at the 18th Annual Franchise Law Conference held on October 18, 2018 in Toronto,

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Ontario Proceeding with Further Substantial Amendments to Workplace Legislation

Dec 14, 2018

Ontario has introduced Bill 66, the Restoring Ontario's Competitiveness Act, 2018, an omnibus bill that proposes changes to several statutes, the LRA and ESA.

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Anticipatory Repudiation in Real Estate Deals: Can You Terminate if the Other Party Will Breach the Agreement of Purchase and Sale?

Jul 6, 2018

Agreements of Purchase and Sale in real estate transactions typically state what happens when a party breaches its terms. However...

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Minimizing Risks Arising from the New Construction Lien Amendments

Jun 19, 2018

On July 1, 2018, the first set of amendments to the Construction Lien Act[1] (the "CLA") will come into effect. Although there are transition provisions

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Inconvenient Termination: The Financial Impact of Terminating Public-Private Partnership (“P3”) Projects

Jun 12, 2018

The enormous success of the P3 model in delivering on time and on budget public infrastructure[1] can see troubled waters when new Governments arrive

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‘Tis the Season – Ontario Government Introduces Bill Setting Minimum Pay Rates for Private-Sector Contractors on Government Contracts

Apr 20, 2018

'Tis the Season - Ontario Government Introduces Bill Setting Minimum Pay Rates for Private-Sector Contractors on Government Contracts

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Think twice before obtaining a labour and material payment bond – new liability for an old security

Mar 26, 2018

Filing away procured labour and material payment bonds without taking proactive steps to notify claimants of the bond's existence exposes owners to claims from unpaid subcontractors

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CSA Provides Cybersecurity Risk Disclosure Guidance and Best Practices for Reporting Issuers

Jan 6, 2017

CSA Provides Cybersecurity Risk Disclosure Guidance and Best Practices for Reporting Issuers