加拿大一家法院裁定多伦多一个放款人违反合同,停止了60M 2019的建筑贷款,理由是大面积拖延。 A Canadian court ruled a Toronto lender breached contract by halting a $60M 2019 construction loan, citing pandemic delays.

不列颠哥伦比亚省上诉法院部分推翻了下级法院的裁决,裁定一名多伦多贷款人违反了2019年里士满、不列颠哥伦比亚省房地产项目的建筑贷款合同。 The British Columbia Court of Appeal has partially overturned a lower court ruling, finding a Toronto-based lender in breach of contract over a 2019 construction loan for a Richmond, BC, real estate project. 争端始于一个GECC子公司为办公楼和住宅塔支付了6 000万美元的存款,但由于与大流行病有关的干扰,导致项目延迟和破产,2020年3月停止了供资。 The dispute began when a GECC subsidiary paid a $60 million deposit for office and residential towers, but funding was halted in March 2020 due to pandemic-related disruptions, leading to project delays and insolvency. 该子公司在2022年取消了投资,在2024年对GECC作出一项裁决后,上诉法院推翻了这一裁决,确认放款人违约。 The subsidiary wrote off the investment by 2022, and after a 2024 ruling against GECC, the appeal court reversed the decision, affirming the lender’s breach. GECC在加拿大和国际上经营学生住房和教育服务,GECC欢迎这项裁决,认为这是一项关键的法律胜利。 GECC, which operates student housing and education services in Canada and internationally, welcomed the ruling as a key legal victory. 预计会有进一步的发展。 Further developments are expected.