Does the Receiver have a duty of good faith in the performance of the pre-sale purchasers of 098?
British Columbia, Canada
The following excerpt is from Forjay Management Ltd. v 0981478 B.C. Ltd., 2018 BCSC 527 (CanLII):
Good Faith. The Receiver and many purchasers also argue that the “organizing principle” of good faith applies, as discussed in Bhasin v. Hrynew, 2014 SCC 71. They argue that 098 owed the pre-sale purchasers a duty of good faith in the performance of its contractual obligations.
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