Practice Area

Insolvency in construction projects The Construction Lien Act is very tricky and can be even more complicated when one construction project company goes into Insolvency. Known as an internship that describes the debtor’s inability to pay debts on a construction project, Insolvency may be more common than you might think. It is possible to perceive […]

Construction Holdbacks According to the Construction Law, holdback obligations are created to establish that the owner must maintain 10% of the contractor’s contract price. This mechanism created by Ontario’s provincial government ensures that subcontractors and other suppliers will be paid for the construction project. Allowed forms of value retention: A letter of credit in the […]

Construction bonds claims Performance Bond is a bond that guarantees that a party (usually a contractor) must comply with its legal and contractual obligations; otherwise, the title will protect and indemnify the party to whom the defaulter owes according to the terms and conditions of the contract. The Performance Bond is generally a three-way contract […]