New Build Developments & Exculpatory Clauses
A recent decision in Ritchie et al. v. Castlepoint Greybrook Sterling Inc., 2020 ONSC 3840, dismissed a class action lawsuit seeking damages on behalf of purchasers under purchase agreements to a cancelled development on the basis of an exclusion clause in the agreement. The plaintiffs (purchasers) alleged that the vendor (defendant) terminated the purchase sale …
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