2025/06/15

Expenses for efficiency measures are considered incurred "to acquire and retain income" and are therefore deductible

 

Tokenization: Unlocking Illiquid Assets and Revolutionizing Market Efficiency

 

The appointment comes in response to a staggering 420% increase in the number of insolvency cases involving cryptocurrency

 

The tax authority takes into account which assets remained to fulfill the obligation in the event of reorganization/Налоговый орган учитывает, какие активы оставались для исполнения обязательства в случае реорганизации

 

2025/06/12

Annulment Clauses

 

The parties signed a contract for the sale of real estate. The contract stipulated a due diligence procedure before closing. The contract also included a provision for automatic termination if encumbrances were detected that the seller could not remove.

Understanding Certificates of Pending Litigation in Ontario

 

A Certificate of Pending Litigation (CPL), formerly known as a "lis pendens," is a crucial tool in Ontario's legal landscape. It acts as a public notice that a lawsuit concerning title to, or an interest in, a specific piece of real property is currently underway. This article will delve into the intricacies of CPLs in Ontario, exploring their purpose, application, implications, and the process involved in obtaining and removing them.

2025/06/03

The incident involving exploding acetylene and oxygen gas cylinders


 

The Court of Appeal has upheld a decision to impose half of a million Australian dollars  in penalties on a Company for a 2017 incident involving exploding acetylene and oxygen gas cylinders. The explosion happened when these cylinders were loaded into a fully enclosed toolbox in a customer's ute, which went against safety instructions, leading to injuries and property damage. The Company lost its defense in the lower court, where it was found that the company failed to ensure safe work practices.