Ian Moes

February 7, 2012

One of the best ways you can protect yourself personally is to conduct business through a limited liability company. However, if you do not let your customers and suppliers know that they are dealing with a limited liability company, you can personally be on the hook. Depending on the type of work you do and the value of the contracts entered into, the potential exposure can be huge.

CAN YOU RETRACT A DISCOUNTED INVOICE?

November 28, 2011

What happens if you discount an invoice and are not paid? Can you retract the discount and bill for the full amount? A recent decision from the BC Supreme Court shows that you may not be able to do so.

FACTS

A West Vancouver man (the “Homeowner”) entered into an agreement (the “Contract”) with a custom electronics company (the “Contractor”)...

Calculating Damages When A Renovation Contract Gets Delayed

August 26, 2011

Despite the best intentions, a construction project can be delayed beyond the anticipated completion date. If the matter proceeds to litigation, the court must decide the appropriate method for determining what damages, if any, should be awarded for breach of contract. In Thai House Restaurant (North Vancouver) Ltd. v.

No Lien Against The Holdback If Nothing Heldback

May 25, 2011

Generally speaking, an owner, and anyone who is primarily liable on a contract or subcontract, must retain a holdback of 10 percent under the Builders Lien Act.