30 Apr Court hears of unexplained millions from China and Toronto real estate.
Original article via Better Dwelling. Click here to read.
Before we dive in, for those not familiar with the Ontario legal system, here is a brief rundown: in the world of civil litigation, the vast majority of disputes do not see the inside of a courtroom. When a claim is filed there is a process called “discovery” whereby the parties are examined under oath, documents are continuously exchanged, and expert reports are exchanged. The point of this process is to ensure that each side has a decent understanding of the strengths and weaknesses of their position and their opponent’s. The idea is to prevent any surprises should the matter reach the inside of a courtroom. In most situations, a settlement is usually reached once everyone’s cards are placed out on the table.