DAA Holdings Ltd. v. Teranet Inc.
DAA Holdings Ltd.
Law Firm / Organization
Goldman Sloan Nash & Haber LLP
Lawyer(s)

Robert D. Malen

Teranet Inc.
Law Firm / Organization
Daoust Vukovich LLP
Lawyer(s)

Dina Peat

  • Facts: Dispute over the determination of Minimum Rent for years 11-15 under a lease agreement.
  • Issues: Whether Teranet breached the lease by not making good faith efforts to reach an agreement on Minimum Rent and what the Minimum Rent should be.
  • Ruling: The application by DAA Holdings Ltd. was granted, establishing the Minimum Rent at $18-$22 net per square foot for years 11-15, based on fair market rental rates.
  • Amount Awarded: Not specified; ruling focused on setting rent figures.
Superior Court of Justice - Ontario
CV-23-1722-0000
Corporate & commercial law
Applicant