News
AMLC Legal Insights - Gift Letters: When is a “Gift” Not Really a Gift?
High housing prices and strained household budgets mean that many younger purchasers cannot buy a home without assistance from their parents. To satisfy a lender, the contributing family member may sign a gift letter confirming that the money advanced for the purchase is a genuine gift and that no repayment is expected…
AMLC Legal Insights - Before You Ask AI: Privilege, Confidentiality, and Waiver in BC
our lawyer gives you legal advice. You trust your lawyer, but you still want to stress-test the advice. So you upload it to an AI platform. The platform identifies a few issues that may not have been addressed. You send those issues back to your lawyer to “perfect” the advice…
AMLC Legal Insights - No oppression, no problem – resolving shareholder disputes under s. 324 of the Business Corporations Act
In a recent decision, the British Columbia Court of Appeal (the “Court”) confirmed that the Limitation Act does not apply to shareholder proceedings brought under s. 324 of the Business Corporations Act (“BCA”), unlike claims brought under s. 227 for the oppression remedy…
AMLC Legal Insights - Certificates of Pending Litigation - to file or not to file
The recent decision by Supreme Court of British Columbia (the “Court”) in Boston Development Corp. v Takhar, 2026 BCSC 784 (“Boston Development”) is the most recent example of the Court ordering that a certificate of pending litigation (“CPL”) be cancelled because the plaintiff failed to properly claim an interest to land, which is a requirement for filing a CPL under the British Columbia Land Title Act(the “LTA”)…
AMLC Legal Insights - Protecting Pre-Sale Deposits: BC Court Rules on Late Disclosure Amendments
A 2025 decision of the Supreme Court of British Columbia, Ye v. Vesta Properties (Latimer) Ltd., 2025 BCSC 773, demonstrates how pre-sale purchasers can assert their rights when developers fail to provide timely disclosure. The Court held that purchasers were entitled to rescind their contracts and recover their deposits after the developer failed to promptly notify them of a one-year acceleration in the estimated completion date…
AMLC Legal Insights: Two’s a Crowd – court ordered shotgun sales in closely held companies
In a recent decision, the Supreme Court of British Columbia resolved an impasse between the co-founders and sole shareholders/directors of a currency exchange business…