What is the test for an extension of an extension?
British Columbia, Canada
The following excerpt is from 40091 British Columbia Ltd. v. Copper Beach Estates Ltd., 2003 BCSC 1213 (CanLII):
The loggers refer to the ordinary test for an extension: reasonable prospect of payment and sufficient value by way of security. However, they refer to authority that indicates there are cases that are out of the ordinary. See, for example, Gellard v. Vickers, [1983] B.C.J. No. 1593.
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