How and When You Can Fix Mistakes: Rectification, Rescission, and Other Tools
Author: MaryAnne Loney
This paper reviews case law and highlights some of the legal tools for fixing mistakes in corporate and commercial documents, including common law rectification, rescission, and some provisions of the Business Corporations Act. The paper also includes suggestions for how to deal with mistakes both during the drafting process and after it is completed.
This paper is part of a collection presented at LESA’s Tax Law for Corporate/Commercial Transactions program in Calgary on October 17, 2019 and in Edmonton on October 28, 2019.
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