8:30
  Registration and Continental Breakfast
     
9:00
 

Welcome and Chairs’ Introductory Remarks


Simon P. Crawford, Bennett Jones LLP
Dana S. Porter, Stikeman Elliott LLP
Walter M. Traub, Goldman Sloan Nash & Haber LLP

   
    DEALS STILL ‘ON THE RAILS’
     
9:10
 

Purchase Agreements Today: Revisiting the Negotiation Process and Key Provisions in the Agreement of Purchase and Sale


Jeffrey W. Lem, Davies Ward Phillips & Vineberg LLP

  • Negotiating and drafting agreements of purchase and sale now – how are the deals different?
  • Transactions involving distressed real estate
  • Issues raised by specific types of vendors – lenders, receivers, trustees in bankruptcy, etc.
  • Commercial title insurance: issues to be newly mindful of (including solvency of the insurer)
   
10:00
 

Show Me the Money: What’s Different in Commercial Real Estate Finance?


David A. Dell, Torys LLP

  • What’s negotiable now, on what terms, and with whom?
  • The effect of changes in the tenor of negotiation
  • Limited recourse loans — still possible?
  • New ‘required by lenders’ provisions, including ‘market out’ and material adverse change (MAC) provisions
   
10:35
  Refreshment Break
   
10:50
 

Negotiating and Amending Key Lease Terms


William A. Rowlands, Lang Michener LLP
Alison T. Tortorice, Cadillac Fairview Corp.

  • Lease terms deserving special attention in today’s market
  • Rethinking assignment, subletting and other exit strategies
  • ‘Going dark’ provisions and their impact on other lease terms
  • How can a tenant protect against landlord defaults?
   
12:00
 

Luncheon Dialogue/Business-Legal Interface

Peter Aghar, President and Chief Investment Officer KingSett Capital
Eric M. Carmona, Stikeman Elliott LLP

  • Six-month forecast; the most likely trends affecting income properties
  • How commercial real estate lawyers and their clients can best assist each other
   
 

WHEN DISPUTES ARISE — BEST PRACTICES AND REMEDIES

   
1:00
 

The Unravelling Purchase and Sale: What to Expect – and Do – When the Deal Goes Wrong Before Closing

Norman B. Lieff, Ogilvy Renault LLP

  • ‘Red flags’ to watch for from the other party
  • Practical considerations when the purchaser wants out
  • Tender: a refresher and update
  • The current law on the scope of the duty of good faith in bargaining
  • The use (and abuse) of certificates of pending litigation
  • Recent caselaw on legal and equitable remedies for vendors and purchasers
   
1:45
 

Mortgage Enforcement and Remedies: A Refresher and Update


Silvana M. D’Alimonte, Blake, Cassels & Graydon LLP

  • When a mortgage goes bad – enforcement from both mortgagor/mortgagee’s perspectives
  • Redemption and other borrowers’ rights
  • Caselaw update on powers of sale, judicial sales and foreclosures
  • Dealing with competing claimants
   
2:30
 

Refreshment Break

   
2:40
 

When Commercial Landlords or Tenants Run into Problems


Sheldon L. Disenhouse, Fraser Milner Casgrain LLP

  • Review and update on commercial landlord/tenant rights and remedies
  • Rent relief and forbearance agreements
  • What commercial real estate lawyers need to know about lease arbitration and mediation (including selection of the arbitrator and
    alternatives to arbitration)
  • PPSA considerations for landlords/mortgagees in possession
  • Grace under pressure; a handy matrix of considerations and options when you have 15 minutes to come up with a strategy and formulate your advice
   
3:25
 

What You Need to Know Now About Insolvency and Commercial Real Estate


Moderator
Walter M. Traub, Goldman Sloan Nash & Haber LLP


Panellists
The Hon. Justice Geoffrey B. Morawetz, Superior Court

of Justice (Ontario)
The Hon. James Farley Q.C., McCarthy Tétrault LLP
Elizabeth Pillon, Stikeman Elliott LLP

  • Rights and remedies of various parties in frequently-encountered insolvency scenarios
  • Latest developments regarding priorities in insolvency situations
  • What judges want to know/see before signing the order authorizing a sale of the property
  • Ensuring that draft vesting orders (CCAA and BIA) are proper in form and content
  • Private vs. court-appointed receivers
  • Recent developments in debtor-in-possession (DIP) financing
   
4:30
  Chairs’ Closing Remarks; Program Concludes