Mark Lewis

Bennett Jones LLP are most popular: within Coronavirus (COVID-19) and Insurance topic(s) with Senior Company Executives, HR and Finance and Tax Executives with readers working within the Insurance, Healthcare and Law Firm industries In February 2020, Nova Fish Farms Inc. (Nova Fish) entered into an agreement to purchase several trout farms from Cold Ocean Salmon Inc. (Cold Ocean).

Introduction In February 2020, Nova Fish Farms Inc. (Nova Fish) entered into an agreement to purchase several trout farms from Cold Ocean Salmon Inc. (Cold Ocean). The trout farms were situated on provincially leased land and could not be transferred without regulatory approvals from both provincial and federal authorities. The Agreement of Purchase and Sale (the Agreement) did not specify a fixed or outside closing date.

Introduction In February 2020, Nova Fish Farms Inc. (Nova Fish) entered into an agreement to purchase several trout farms from Cold Ocean Salmon Inc. (Cold Ocean). The trout farms were situated on provincially leased land and could not be transferred without regulatory approvals from both provincial and federal authorities. The Agreement of Purchase and Sale (the Agreement) did not specify a fixed or outside closing date.