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A&B Supports the David Foster Foundation

Aird & Berlis LLP is pleased to announce that our firm has joined forces with the David Foster Foundation (DFF). The Foundation was established in 1986 by 16-time Grammy award winning Canadian performer, writer and producer David Foster to provide funding for the non-medical expenses to the families of Canadian children needing life-saving organ transplants.
       
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March 2013 - Doing Business in Canada


A&B In the News
Ned Levitt is Featured in Canadian Business Journal
Ned Levitt’s article “Purchasing a Franchise” was published in the March 2013 issue of Canadian Business Journal on pages 74 – 81.


David Miller is Quoted by Eco-Opportunity.net
David Miller was quoted by Eco-Opportunity.net April 4 after his participation in the Toronto Sustainability Speaker Series, entitled, Ontario’s Cities in the Era of Climate Change. David spoke about the opportunities and challenges that lie ahead for Toronto in the era of climate change.


Canadian Manufacturing Quotes Peter Sutherland
Peter Sutherland was quoted by Canadian Manufacturing April 11 regarding the potential business opportunities in India for Canadian manufacturers.


The Toronto Star Features David Miller
David Miller was featured by The Toronto Star on May 2. In his article, David dispels the belief that large cities cannot be environmentally sustainable.


North York Mirror Quotes Kim Kovar
Kim Kovar was quoted by North York Mirror on April 25 regarding a proposed condo building on Yonge Street just north of York Mills Road. The developers agreed to make the building 10 storeys containing 140 units, which  reduced the original plan from 12 storeys containing 172 residential units.


Francesco Gucciardo Appears in The Bottom Line
Francesco Gucciardo appears in the April 30 issue of The Bottom Line. His article illustrates that it is not always necessary to use an application for rectification when fixing an incorrect transaction.




 
Success Stories
A&B Successful in Recent Municipal and Energy Law Case
Christopher J. Williams, Scott Stoll and Jody E. Johnson successfully represented Wainfleet Wind Energy Inc. in its application to the Superior Court of Justice seeking a declaration that a municipal by-law enacted by the Township of Wainfleet (the “Township”) be quashed.


A&B Assists Skyline in Completing Final Phase of Significant Portfolio Acquisition
Aird & Berlis LLP represented Skyline Commercial REIT (Skyline) in its multi-phased acquisition of 46 commercial properties from Conundrum Capital for a purchase price of approximately $242 million. The commercial portfolio was comprised of 29 properties primarily located in the Greater Toronto Area (Phase 1) and 17 properties in the City of Ottawa (Phase 2).


A&B Acts In Another Significant Real Estate Acquisition

Aird & Berlis LLP represented Canadian Real Estate Investment Trust (CREIT) in its acquisition from RioCan Real Estate Investment Trust of two retail centres situated in Quebec City, Quebec and one retail centre situated in Moncton, New Brunswick. CREIT acquired a 50% managing interest in the Quebec properties, commonly known as “Sainte Foy Centre” and “Mega Centre Lebourgneuf”, with the remaining 50% interest in such properties being acquired by a subsidiary of OPTrust Realty Inc., and a 100% interest in the Moncton property, commonly known as “Wheeler Park Power Centre”. The total purchase for the three properties was approximately $301 million.



Firm News
Tax News Flash - Supreme Court of Canada Clarifies that Assuming Obligations “Embedded” in a Property is not Consideration for the Property
The decision of the Supreme Court of Canada (“SCC”) in Daishowa-Marubeni International Ltd. v. Canada, 2013 SCC 29, was released on May 23, 2013, reversing the decision of the Federal Court of Appeal. The issue on appeal to the SCC was whether or not the cost of certain reforestation obligations assumed by a purchaser in connection with the acquisition of certain forest tenures were to be included in computing the vendor’s proceeds of disposition in respect of the sale of the tenures. The key question was whether the obligations were “embedded” in the property or separate or severable from the property.


A&B Supports the David Foster Foundation

Aird & Berlis LLP is pleased to announce that our firm has joined forces with the David Foster Foundation (DFF). The Foundation was established in 1986 by 16-time Grammy award winning Canadian performer, writer and producer David Foster to provide funding for the non-medical expenses to the families of Canadian children needing life-saving organ transplants.



A&B Lawyer Recognized in Energy Law Expert Guide
Aird & Berlis LLP lawyer Ron Clark has been named as a leading practitioner in Canada in Legal Media Group's 2013 Guide to the World’s Leading Energy and Natural Resource Lawyers.