RBC and BMO complete $150 Million loan facility to Heathwood Homes
Overview
Real Estate Group partner Leor Margulies, and law clerk Cindy Applegath, represented RBC and BMO on a $150M syndicated financing to Heathwood Homes with respect to the development and servicing costs of a 499 unit 3-phase project in Whitby, Ontario. The development will be a multiphase project with a mixture of various low rise types including single-family, semi-detached and townhouses.
Lawyers
Our Clerks
Representative Work
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| Litigation and Dispute Resolution
INJUNCTIONS AND CPL MOTIONS
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... -
| Litigation and Dispute Resolution
COURT OF APPEAL SUCCESS IN SHAREHOLDER DISPUTE
Resisted an appeal to uphold a favourable trial decision involving complex issues of corporate ownership and valuation: Hrvoic v. Hrvoic, 2023 ONCA 508 -
| Litigation and Dispute Resolution
RECORD-SETTING LIFTING OF PARTIAL STAY
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