Cultivate Capital Corp. v. 1011173 B.C. Ltd.

JurisdictionBritish Columbia
CourtSupreme Court of British Columbia (Canada)
JudgeHonourable Mr. Justice Armstrong
Neutral Citation2021 BCSC 1258
Citation2021 BCSC 1258
Date28 June 2021
Docket NumberS1811730

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4 practice notes
  • 1011173 B.C. Ltd. v. Hakemi & Ridgedale LLP
    • Canada
    • Supreme Court of British Columbia (Canada)
    • December 22, 2021
    ...claim for return of the $1 million loan was decided in a summary trial application - see Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258. The clients describe the outcome as [28]        The clients also raise complaints regarding the GTEC liti......
  • Lee v UpMeals Technologies Inc.
    • Canada
    • Supreme Court of British Columbia (Canada)
    • May 23, 2024
    ...must occur within a reasonable amount of time to give the contract commercial effect. In Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258 at para. 72–73 Justice Armstrong noted that a loan that is repayable on a contingent event become payable on demand if the event does not occ......
  • Horizon Capital Holdings Inc. v GeoTility Systems Corporation
    • Canada
    • Supreme Court of British Columbia (Canada)
    • July 26, 2024
    ...a contract cannot be considered part of the evidence of surrounding circumstances: Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258 at para. 57. Throughout prolonged negotiations, parties' positions change and their interests are divergent until final agreements are achieved; th......
  • Is Signing On The Line Really Final?
    • Canada
    • Mondaq Canada
    • October 17, 2025
    ...2021 ONCA 691 at paras 6-14. 14 1346134 Ontario Limited v. Wright, 2023 ONCA 307. 15 Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258. 16 Ontario First Nations (2008) Limited Partnership v. Ontario Lottery and Gaming Corporation, 2021 ONCA 17 RS Distribution Services Ltd. v. MTS......
6 cases
  • 1011173 B.C. Ltd. v. Hakemi & Ridgedale LLP
    • Canada
    • Supreme Court of British Columbia (Canada)
    • December 22, 2021
    ...claim for return of the $1 million loan was decided in a summary trial application - see Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258. The clients describe the outcome as [28]        The clients also raise complaints regarding the GTEC liti......
  • 2024 BCSC 997
    • Canada
    • January 1, 2024
    ...timeline may also depend on other circumstances and terms of an agreement. For instance, in Cultivate Capital Corp. v 1011173 B.C. Ltd., 2021 BCSC 1258, the plaintiff had made the same argument based on China Dragon that a loan was due on demand: at para. 71. While the court did find the lo......
  • 2024 BCSC 888
    • Canada
    • January 1, 2024
    ...must occur within a reasonable amount of time to give the contract commercial effect. In Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258 at para. 72–73 Justice Armstrong noted that a loan that is repayable on a contingent event become payable on demand if the event does not occ......
  • Lee v UpMeals Technologies Inc.
    • Canada
    • Supreme Court of British Columbia (Canada)
    • May 23, 2024
    ...must occur within a reasonable amount of time to give the contract commercial effect. In Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258 at para. 72–73 Justice Armstrong noted that a loan that is repayable on a contingent event become payable on demand if the event does not occ......
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1 firm's commentaries
  • Is Signing On The Line Really Final?
    • Canada
    • Mondaq Canada
    • October 17, 2025
    ...2021 ONCA 691 at paras 6-14. 14 1346134 Ontario Limited v. Wright, 2023 ONCA 307. 15 Cultivate Capital Corp. v. 1011173 B.C. Ltd., 2021 BCSC 1258. 16 Ontario First Nations (2008) Limited Partnership v. Ontario Lottery and Gaming Corporation, 2021 ONCA 17 RS Distribution Services Ltd. v. MTS......