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Bankruptcy and Insolvency In The Construction Context

The primary goal of all participants in most construction projects is to make money, and nothing interferes with that goal more than a bankruptcy of one of the participants – especially if it is one of the participants high up the contractual chain (e.g., an owner or general contractor).
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SCC Decision: October 24, 2008

Saulnier v. Royal Bank of Canada, 2008 SCC 58
Click here to link to the full judgment.
(Bankruptcy / Security / Property / Commercial fishing licences)

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