It’s no lie: Supreme Court recognizes contractual duty of good faith
The Supreme Court of Canada’s decision in Bhasin v. Hrynew significantly evolves the common law of contract by recognizing a general common law duty of good faith contractual performance, and in particular a specific duty to act honestly in the performance of contractual obligations. Harish Bhasin had an “enrolment director” contract with Canadian American Financial Corp (“Can-Am”) pursuant to which Mr. Bhasin sold Can Am’s education savings plans. This was an exclusive contract – Mr. Bhasin was only allowed to sell Can-Am’s products. Mr. Bhasin built a sales force over 10 years, and became one of Can-Am’s top producers. Mr. ... [more]
Canadian businessman extradited to US on fraud and bid rigging charges
Reliance scalded by $5 million penalty
Class action plaintiffs can obtain wiretap evidence
Credit cards subject to provincial disclosure laws
The perennial question in Canadian law (and politics) is: is it federal or provincial? In the case of credit cards issued by banks, the answer is "both". Although banks are a federal responsibility, provincial consumer protection laws mandating disclosure of contract terms apply to banks that issue credit cards, the Supreme Court held recently in three decisions issued the same day. [more]
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