4950 Yonge Street and 100 Upper Madison Avenue ( The Madison Centre)
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Overview
Real Estate Group Partner Neill Kalvin, associate Tara Welat and senior law clerk Helen Wright, acted on the acquisition and financing of the Madison Centre comprising a 23 storey Class A office complex, situated just north of the corner of Yonge Street and Sheppard Avenue in Toronto, on behalf of Luxembourg based Northam Canadian Commercial Property Fund. The transaction was completed at a price of $133,500,000 on June 18, 2013. Acquisition financing of $74,000,000 was provided by Bank of America Merrill Lynch.
Defeated motions for Certificate of Pending Litigation and Mareva injunctions in high-stakes real estate disputes: 2235209 Ontario Inc. v. Sedona Lifestyles (Rometown) Inc., 2020 ONSC 4008. leave...
Resisted an appeal to uphold a favourable trial decision involving complex issues of corporate ownership and valuation: Hrvoic v. Hrvoic, 2023 ONCA 508
Obtained $1.87 million partial lift of a stay pending appeal, believed to be the largest in Ontario history.Hrvoic v. Hrvoic, 2023 ONCA 27; upheld on review, 2023 ONCA 288
