McDonald’s lease dispute highlights need for reasonable notice in revocation of waiver
Tuesday, February 06, 2018 @ 11:14 AM | By Amanda Jerome
The Ontario Court of Appeal has ruled in favour of McDonald’s Restaurants of Canada in a lease disagreement with one of its landlords in Richmond Hill, Ont., in a decision counsel says highlights the need for clarity of arbitration terms when drafting a lease.
In North Elgin Centre Inc. v. McDonald's Restaurants of Canada Limited 2018 ONCA 71, the court heard that in 1997 McDonald’s entered into a 20-year ground lease with the North Elgin Centre, which would end on March 20, 2017.
According to court...
In North Elgin Centre Inc. v. McDonald's Restaurants of Canada Limited 2018 ONCA 71, the court heard that in 1997 McDonald’s entered into a 20-year ground lease with the North Elgin Centre, which would end on March 20, 2017.
According to court...
