THREE PROGRAMS: A Primer on Limited Partnerships AND A Primer on Non-Disturbance Agreements as well as Subordination and Attornment AND Record it Right: OBCA vs. CBCA Requirements

A Primer on Limited Partnerships examines the basic structure, formation, and operation of limited partnerships under Ontario’s Limited Partnerships Act. The presentation highlights the roles and liability exposure of general and limited partners, the technical steps for creating an LP, the importance of the limited partnership agreement, how an LP contracts through its general partner, proper execution of documents, and the risk that a limited partner may lose liability protection by taking part in control of the business. 

A Primer on Non-Disturbance Agreements as well as Subordination and Attornment examines the relationship between commercial leasehold interests, mortgage priority, lender enforcement rights, and tenant protection. The presentation highlights priority rules, the purpose and limits of non-disturbance agreements, subordination, attornment, privity between lenders and tenants, and drafting considerations from both tenant and lender perspectives. It offers practical guidance on preserving possession rights, defining lender liability, addressing landlord defaults, and recognizing that NDAs protect possession rather than economics. 

Record It Right: OBCA vs. CBCA Requirements examines corporate record-keeping obligations under the Business Corporations Act and the Canada Business Corporations Act. The presentation highlights Ontario real property register requirements, individuals with significant control registers, CBCA filing obligations, differences between OBCA and CBCA approaches, reasonable steps for maintaining accuracy, exemptions, and penalties for non-compliance. It offers practical guidance on keeping corporate records current, identifying individuals with significant control, and managing compliance risk for Ontario and federal corporations.