Charities & Non-Profits

Our work for public institutions includes:

• acquisition and divestitures of assets, including the leasing of facilities
• corporate governance and compliance
• legislative assistance
• regulatory compliance
• tax advice
• Acted on the first Ontario case permitting a trustee of a perpetual trust and its beneficiary charities to adopt the “total return” investment model. Toronto Aged Men’s and Women’s Homes v. Loyal True Blue and Orange Home (2003), 68 O.R. (3d) 777 (S.C.J.).
• Act for several clients in the establishment of charities and non-profit organizations, including areas of trusts, wills and estate administration, and work under the Substitute Decisions Act.
• Acted for estate trustees on passings of accounts seeking approval of commercial transactions involving assets with a value in excess of C$1 billion.
• Acted for a major trust corporation defending allegations that it failed to obtain an adequate rate of return on trustee investments.