We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close
Focus On
NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax
Story image

B.C. Court of Appeal decision on contract modification ‘a long time coming’: law prof

Tuesday, May 29, 2018 @ 11:55 AM | By Ian Burns

The British Columbia Court of Appeal has ruled a woman who loaned her friend $600,000 and then agreed to several extensions on the payment date was not subject to a limitation period and that variations in contracts should be enforceable absent duress and other concerns, a ruling a law professor is saying is an important development in the evolution of contract law.

Enone Rosas won $4.1 million in the lottery in January 2007, and gave the $600,000 to her friend Hermenisabel Toca in order to help...