Results
Report on the State of Immigration Fraud in Canada
March 3, 2025
Immigration Law
Canada’s immigration system has faced growing challenges due to rising incidents of immigration fraud, misrepresentation, and unethical behaviour. Addressing fraud is essential to strengthening public trust and the integrity of the immigration system. Fraudulent practices undermine fairness, perpetuate exploitation, and disadvantage honest applicants. Velletta Pedersen Christie’s Thanh Phan together with other members of the Canadian…
Café Malabar purchases assets of Tug Eatery to open new restaurant
February 20, 2025
Buying and Selling a Business, Commercial Leasing, Mergers and Acquisitions
Café Malabar, voted Canada’s 5th best new restaurant by Air Canada enRoute magazine in 2024 and recipient of YAM Magazine’s 2024 Best Restaurant Award, was one of the restaurants affected by a closure of a shared kitchen space in the Victoria Public Market in December 2024. Velletta Pedersen Christie represented Café Malabar with a team…
Experienced Pharmacy Group completes purchase of assets of local full service Pharmacy
December 13, 2024
Buying and Selling a Business, Mergers and Acquisitions
Private company completes the purchase of assets of local Victoria full service Pharmacy for fair an reasonable price. The sale of assets included equipment, inventory, goodwill, leasehold improvements, contacts, assigned contracts, and intellectual property. Velletta Pedersen Christie represented the Purchaser with a team led by Sankar Nair who attended to final negotiations and closing matters.
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…
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…
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,…
Established Air Conditioning and Heat Pump business changes ownership
May 31, 2024
Mergers and Acquisitions, Buying and Selling a Business
An established Vancouver Island air conditioning and heat pump sales and installation business changed ownership for an aggregate purchase price of $450,000.00. Key aspects of the Share Purchase Agreement included the assignment of a commercial lease, adjustments for accounts receivables, and a small holdback to cover potential accounts payable. Velletta Pedersen Christie represented the Vendor…
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…
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…
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…