Results

ONO POKE expands into Mayfair Mall

July 17, 2024

Commercial Leasing

Offering Hawaiian bowls, plates, beverages and more, the traditional taste of the aloha state served by ONO POKE is coming to Mayfair Mall. The expansion to Mayfair Mall, opening July 20th, 2024, marks ONO POKE’s third location serving south Vancouver Island. Velletta Pedersen Christie represented ONO POKE with a team led by Sankar Nair who…

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BC corporation purchases shares of minority shareholder for $2.4M

July 16, 2024

Buying and Selling a Business, Corporate and Business Financing, Corporate Governance, Mergers and Acquisitions

In a complex commercial law transaction, a minority corporate shareholder (the “Shareholder”) owning shares in an operating company (the “OpCo”) sold some of its shareholdings back to the OpCo. The proposed agreement was first structured for an aggregate purchase price of $6.4M with $2.4M paid upon closing for all of the issued and outstanding shares…

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Local BC company acquires rights as a franchisee to operate an innovative drone business

June 1, 2024

Franchise Licensing, Startup Law

Local BC company acquires rights to operate a unique commercial glass and facade cleaning business featuring innovative drones that efficiently and effectively wash windows and siding. Velletta Pedersen Christie represented the Franchisee with a team led by Sankar Nair who attended to reviewing the Franchise Disclosure Documents in accordance with the Franchises Act and negotiating,…

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BC restauranteurs offering specialty pizza acquire assets to expand late-night food options near the University of Victoria

January 12, 2024

Buying and Selling a Business

A local BC company acquired the equipment of an existing restaurant to expand late-night food options available to the Cedar Hill, Hillside, and Gordon Head communities near the University of Victoria. Students, night owls, and individuals working late hours welcome additional after-hours options to the neighbourhood. Velletta Pedersen Christie represented the local company with a…

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Two popular Vancouver Island restaurants change ownership

November 30, 2023

Buying and Selling a Business

Two popular Vancouver Island restaurants changed ownership for an aggregate purchase price of $550,000. Key aspects of the two Share Purchase Agreements included vendor take-back financing, transfer of liquor licenses, assignment of commercial leases, issuing promissory notes, and securing general security agreements. Velletta Pedersen Christie represented the Vendors in this transaction with a team led…

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Dunphy v. Boulard, 2023 BCSC 1231

July 18, 2023

Family Law

This case lies at the intersection of family law and bankruptcy law and touches on the most valuable asset many people own: their pension credits. To provide some background, most property is divided after divorce using the provisions of the BC Family Law Act, including most pensions. However, it is possible to divide Canada Pension…

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Private company completes sale of assets of e-commerce business to international distributor

June 23, 2023

Buying and Selling a Business

Private company completes the sale of assets of e-commerce e-scooter business to an international distributor. The sale of assets included inventory and intellectual property. Velletta Pedersen Christie represented the Vendor with a team led by Sankar Nair who attended to drafting, revising, negotiating, and finalizing the Asset Purchase Agreement, Intellectual Property Assignment Agreement, and ancillary…

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E-Commerce client finalizes $2.1M international exclusive licensing and distribution deal with global distributor

June 22, 2023

Intellectual Property

A confidential e-commerce client finalizes a multi-year exclusive licensing and distribution deal with a global distribution company valued at USD $2.1 million dollars. Velletta Pedersen Christie represented the licensor with a team led by Sankar Nair who attended to drafting, revising, negotiating, and finalizing the exclusive licensing and distribution agreement. Key components of the deal…

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McNally v. School District 61, 2022 BCSC 1671

September 23, 2022

Civil Litigation

Velletta Pedersen Christie represented one of two School District 61 trustees that had been purportedly suspended by their fellow trustees in early 2022. This matter proceeded by way of a Petition to the British Columbia Supreme Court, and was heard over three days in May, 2022.  Reasons for Judgment were released on September 23, 2022.…

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Krikke v. Slang, 2022 BCPC 159

August 8, 2022

Real Property Disputes, Civil Litigation

Our firm frequently represents parties in real estate disputes. In this case, the Claimant alleged multiple misrepresentations on a Property Disclosure Statement, as well as claims relating to the completion of renovation work. We were successful in having the claim dismissed against the sellers in its entirety. Link

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