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Parting Ways In Good Faith: SCC Clarifies Contract Termination Disclosure Requirements - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Contracting parties may have to disclose an intention to terminate the contract, despite the existence of a clear contractual provision allowing for unilateral termination. Under the duty of honesty in contract performance, this obligation arises where non-disclosure would constitute knowingly misleading the counterparty. This result will surprise many who would not expect to be in breach despite strict compliance with a clear and valid termination clause in a written agreement, particularly when providing earlier notice could damage their own interests. This was the holding of the recent decision by the Supreme Court

Honesty Is The Best Policy: The Supreme Court Of Canada Seeks To Clarify The Duty Of Honest Contractual Performance - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Don t mislead your contracting counterparties about matters linked to the performance of a contract. That is the apparently simple message from the Supreme Court of Canada in CM Callow Inc v Zollinger. Applying the organizing principle of good faith and, specifically, the duty of honest contractual performance (recognized in Bhasin v Hrynew) to a case involving a right to terminate an agreement on notice for convenience, Callow seeks to clarify the circumstances in which the duty of honest performance may require a contracting party to provide information

SCC Expands The Duty Of Honest Performance: Silence Or Non-Disclosure Can Now Also Constitute A Breach - Litigation, Mediation & Arbitration

Bhasin”). Many had hoped that the decision would shed light on the scope of the duty of good faith and honest performance recognized in Bhasin, and provide clear guidance to lower courts and commercial parties on their contractual obligations. However, the decision which resulted in a 5-3-1 split across the court (Kasirer J writing for the majority, Brown J concurring, and Côté J in dissent) may add further uncertainty to the jurisprudence around obligations of good faith. While the majority of the Court agreed that the respondent, a group of condominium corporations known as Baycrest (“Baycrest”), had breached its duty of honest

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