YIELDPLUS announces normal course issuer bid Oct 8, 2008
In accordance with the Declaration of Trust by which YIELDPLUS is governed, market purchases pursuant to its normal course issuer bid may be effected by the Fund. The Fund had 34,481,669 units issued and outstanding as at October 1, 2008. (Canada Newswire)
EnerVest unitholders relieved Oct 6, 2008
July, 2007 The fund's unitholders approved amendments to the so-called declaration of trust. That change allows, the manager, EnerVest Diversified Management Inc., to invest in a broader range of securities. (Financial Post)
Brascan SoundVest Funds Announce Distributions Sep 20, 2008
Under the Fund's Declaration of Trust, however, the Fund is prohibited from paying a cash distribution on its Capital Units if, after giving effect to the proposed distribution, the net asset value per unit of its Capital Units would be less than approximately $4 ... Cash distributions will not be made on the Capital Units unless they can be paid in accordance with the Fund's Declaration of Trust. (CCNMatthews Press Releases)
Adelphia Recovery Trust Provides Annual Federal Income Tax Information for 2007 Aug 27, 2008
The ART Declaration of Trust and the Adelphia Plan of Reorganization require the ART to provide annual Federal income tax information to the ART's beneficiaries. A copy of the ART's letter to beneficiaries concerning the ART's 2007 federal income tax information is available in the "Important Documents-Adelphia Recovery Trust" section of Adelphia's website at. (PR Newswire)
Boardwalk REIT Announces Solid Second Quarter 2008 Financial Results; FFO Per Unit Up 13.2% and DI Per Unit up 15.1% YOY; its August 2008 Distribution and its intention to renew its Normal Course Issuer Bid Aug 14, 2008
Amendment to Declaration of Trust On May 13, 2008 and July 30, 2008, respectively, Boardwalk REIT Unitholders and Debenture Holders voted to adopt the amendment to its Declaration of Trust and Trust Indenture to change the definition of "Gross Book Value" by increasing the asset bump by $410 million, from $231 million to $641 million. We believe that the amendment to the definition of Gross Book Value will give the Trust increased flexibility to implement its strategic plan, which includes the... (Canada Newswire)
InnVest REIT reports second quarter results Aug 8, 2008
7 million is restricted under the REIT's Declaration of Trust for the replacement of furniture, fixtures, and equipment and for capital improvements. At June 30, 2008, the REIT's leverage was 47. (Canada Newswire)
Brookfield Real Estate Services Fund Announces a $0.15 Increase in Annual Distributions, Second Quarter Results and Monthly Cash Distribution Aug 8, 2008
"Based on the Fund's existing brands, it continues to target increasing revenue by 10% over 2007, and its total network by a range of 300 to 500 REALTORS through organic growth and acquisitions. This target is based on the Fund's current market outlook and continuing successful implementation of its growth strategy and is subject to a number of risks including those outlined under Forward-Looking Statements below and in the Fund's Annual Information Form available at and on the Fund's... (CCNMatthews Press Releases)
Ag Growth Announces Distributions May 20, 2008
The Fund's Declaration of Trust requires that it distribute all taxable income earned in its fiscal period ending December 31. It may be necessary for the Fund to estimate one or more special distributions to achieve this requirement. (CCNMatthews Press Releases)
Boardwalk REIT Announces Solid First Quarter 2008 Financial Results; FFO Per Unit Up 25.0% and DI Per Unit up 21.4% YOY; and its May 2008 Distribution May 14, 2008
Amendment to Declaration of Trust At its special meeting of Unitholders on May 13, 2008, Boardwalk REIT Unitholders voted to adopt the previously announced amendment to its Declaration of Trust to change the definition of "Gross Book Value" to increase the asset bump by an additional $410 million, from $231 million to $641 million. It is the Trust's intention to now approach its bondholders for approval of this change to the bondholders' trust deed. (Canada Newswire)
Brookfield Real Estate Services Fund Announces First Quarter Results and Monthly Cash Distribution May 6, 2008
Brookfield Real Estate Services Fund (the "Fund") is a limited purpose trust established under the laws of the Province of Ontario and pursuant to an Amended and Restated Declaration of Trust. On August 7, 2003, the Fund raised $99,830 (before issue costs) by issuing units on the Toronto Stock Exchange. (CCNMatthews Press Releases)
Copernican International Premium Dividend Fund-Distribution, April 2008 Apr 19, 2008
As stated in the declaration of trust of the Fund, Copernican Capital Corp. (the "Manager") may suspend distributions on the Trust Units if the Net Asset Value per Trust Unit would be less than $7. 50 after giving effect to such distributions, other than any distributions required so that the Fund will not be liable for income tax under the Income Tax Act. (CCNMatthews Press Releases)
Boardwalk REIT announces April monthly distribution and proposed amendments to its Declaration of Trust Apr 16, 2008
Subject to unitholder approval at its upcoming annual and special meeting of unitholders on May 13, 2008 (the "Meeting"), Boardwalk is proposing to adopt an amendment to its Declaration of Trust to change the definition of "Gross Book Value" to increase that amount by an aggregate of $410 million, which amount is approximately 50% of the difference between the Trust's enterprise value of $3 ... Pursuant to the Declaration of Trust, Boardwalk is limited to an indebtedness equal to 70% of Gross... (PR Newswire)
Laclede Capital Trust I Redeems 7.70% Trust Originated Preferred Securities Apr 2, 2008
Pursuant to the redemption provisions of the Amended and Restated Declaration of Trust, dated as of December 16, 2002 by and among The Laclede Group, Inc. as Sponsor, The Bank of New York as Property Trustee, The Bank of New York Delaware as Delaware Trustee, and the Administrative Trustees named therein (or the successors thereto), the Trust Preferred Securities will be redeemed at the redemption price of $25 per Trust Preferred Security plus accrued and unpaid distributions, if any, to but... (PR Newswire)
Tree Island Announces Fourth Quarter and Full Year 2007 Results Mar 26, 2008
The Fund is an unincorporated open-ended, limited purpose trust established under the laws of the Province of British Columbia pursuant to a Declaration of Trust dated September 30, 2002. Each unitholder participates pro rata in distributions of net earnings and, in the event of termination of the Fund, participates pro rata in the net assets remaining after satisfaction of all liabilities. (CCNMatthews Press Releases)
Strongco Reports Fourth Quarter Results Mar 5, 2008
Strongco Income Fund is an unincorporated open-ended limited purpose trust established under the laws of the Province of Ontario pursuant to a declaration of trust dated March 21, 2005 as amended and restated on April 28, 2005 and September 1, 2006 ... The Fund is authorized to issue an unlimited number of units pursuant to the Declaration of Trust ... The Declaration of Trust provides that an amount equal to the taxable income of the Fund will be distributed each year to Unitholders in order to... (CCNMatthews Press Releases)
Art In Motion Income Fund Appoints Trustees and Announces 2007 Annual and Fourth Quarter Results Mar 3, 2008
Art In Motion Income Fund (the "Fund") is an unincorporated open-ended limited purpose trust established under the laws of the Province of British Columbia and governed by an Amended and Restated Declaration of Trust dated June 1, 2004. The Fund was created to acquire, indirectly, an interest in the business of publishing, framing and licensing of images and fine-art reproductions. (CCNMatthews Press Releases)
Liquor Stores Income Fund Reports Record Results Feb 29, 2008
75% Convertible Unsecured Subordinated Debentures ("6.75% Debentures) trade on the Toronto Stock Exchange under the symbol LIQ.DB. Through its ownership of Liquor Stores Limited Partnership ("Liquor Stores LP"), the Fund operates 198 retail liquor stores in Alberta and British Columbia and management believes it is the largest liquor store operator in Alberta by number of stores and revenue.On June 8, 2007, the Fund issued 6,817,533 Units to acquire a 75.96% indirect interest in Liquor Barn... (CCNMatthews Press Releases)
Resolve Business Outsourcing Income Fund Reports Strong Financial Results Feb 23, 2008
Resolve Business Outsourcing Income Fund (the "Fund") is an unincorporated, open-ended, limited purpose trust established under, and governed by, the laws of the Province of Ontario on February 12, 2006, by a declaration of trust, as amended and restated on March 9, 2006. The Fund commenced active operations on March 17, 2006, when it completed an initial public offering of 22,500,000 units of the Fund at a price of $10. (CCNMatthews Press Releases)
Fording Canadian Coal Trust 2007 Fourth Quarter Earnings Results Feb 12, 2008
It was created pursuant to a declaration of trust and is governed by the laws of Alberta. The Trust does not carry on any active business. (CCNMatthews Press Releases)
Boston Pizza Royalties Income Fund and Boston Pizza International Inc. Announce Record 2007 Full Year and Fourth Quarter Sales Results and January Distribution to Unitholders Feb 11, 2008
Pursuant to the Declaration of Trust signed June 10, 2002, and as it was amended and restated on July 17, 2002, an amount equal to all of the income of the Fund together with the non-taxable portion of any net capital gain realized by the Fund will be distributed by the Fund to its unitholders each month ... (a) The Declaration of Trust of the Fund provides that an unlimited number of Fund units may be issued ... Pursuant to the Declaration of Trust, the holders, other than the Fund or its... (CCNMatthews Press Releases)
Resolve Business Outsourcing Income Fund Announces Appointment of Robert M. Franklin to the Board of Trustees Feb 2, 2008
On January 30, 2008, the Trustees of Resolve Business Outsourcing Income Fund (the "Fund") (TSX: - ) unanimously appointed Robert M. Franklin to the Board of Trustees in accordance with the Declaration of Trust of the Fund. Mr. Franklin has extensive public company experience. (CCNMatthews Press Releases)
Energy Savings Income Fund Unitholders Approve the Amendments to the Fund's Declaration of Trust and Unit Appreciation Rights Plan Dec 21, 2007
TORONTO, ONTARIO--(Marketwire - Dec. 21, 2007) - Energy Savings Income Fund (the "Fund") (TSX: - ) announced that at a special meeting held yesterday the holders of Units of the Fund and Class A Preference Shares of Ontario Energy Savings Corp. ("OESC") approved amendments to the Fund's Declaration of Trust (99% in favour) so that units of the Fund to be issued in 2008 as part of the $0. 38 special distribution announced December 18, 2007 will not be consolidated. (CCNMatthews Press Releases)
Energy Savings Income Fund Announces Special Distribution of $0.38 Per/Unit Payable in 2008 Dec 18, 2007
By making all of the Fund's taxable income that has not yet been distributed payable to its unitholders, the special distribution ensures, as required by its Amended and Restated Declaration of Trust, that the Fund will not be liable to pay income taxes in respect of its current taxation year ending December 31, 2007 ... If unitholders of the Fund do not approve the special resolution at the December 20, 2007 special meeting then, as presently required by the Fund's Declaration of Trust,... (CCNMatthews Press Releases)
Jan. 16-29, 2007 (28) Dec 2, 2007
1/22/07 Paul D. and Karen L. Jerde, trustees of Trust Ka Jerde, declaration of Trust, to James W. Doherty, office at 312 Taylor St. in DeKalb, 160,000 ... 1/22/07 Sylvia E. and Arthur J. Higgins, declaration of Trust by trustee Sylvia E. Higgins, to Jack L. and Julie K. Debolt, residence at 230 E. Exchange St. in Sycamore, 125,000. (DeKalb Daily Chronicle, IL)
July 11-24, 2006 (30) Dec 2, 2007
7/14/06, Alexander F. Adducci, trustee of Trust Ka Alexander F. Adducci, declaration of Trust, and Susan G. Adducci, to Thomas H. and Elizabeth A. Nelson, residence at 21158 Virginia Road in DeKalb, 237,000. 7/14/06, Thomas H. and Elizabeth A. Nelson, to Roberto and Yolanda Escobar, residence at 830 S. 1st St. in DeKalb, 172,000. (DeKalb Daily Chronicle, IL)
Brookfield Real Estate Services Fund Announces Third Quarter 2007 Results and Monthly Cash Distribution Nov 7, 2007
Brookfield Real Estate Services Fund (the "Fund") (formerly Royal LePage Franchise Services Fund) is a limited purpose trust established under the laws of the Province of Ontario and pursuant to an Amended and Restated Declaration of Trust. On August 7, 2003, the Fund raised $99,830 (before issue costs) by issuing units on the Toronto Stock Exchange. (CCNMatthews Press Releases)
Whitestone REIT Wins Appeal; Fifth Circuit Affirms Decision That Ended Proxy Attempt Oct 30, 2007
In ruling in favor of Whitestone, the Fifth Circuit Appeals Court affirmed that changes that the Board of Trustees made to the company's by-laws and declaration of trust on December 2, 2006, were permissible and valid under the anti-takeover statutes of the state of Maryland, where Whitestone is incorporated. In its opinion, the Appeals Court said that the Whitestone REIT board ``clearly acted in the best interest of the shareholders when it erected defensive barriers. (Primezone Releases)
Spinrite Income Fund Announces the Filing of the Notice of Special Meeting and Management Information Circular Following the Expiry of the Go-Shop Period Without Receipt of a Superior Proposal Oct 23, 2007
At the special meeting, unitholders will be asked to consider and, if thought appropriate, approve a special resolution authorizing: (a) the sale of substantially all of the assets of the Fund to Spinrite Acquisition Corp. ("SAC"), a company indirectly controlled by entities managed by Sentinel Capital Partners, L.L.C., on the terms and conditions set forth in the acquisition agreement dated as of September 4, 2007 by and between the Fund and SAC (the "Acquisition Agreement"); and (b) amendments... (CCNMatthews Press Releases)
LGY Acquisition LP Acquires 94.5% of Legacy Hotels REIT Sep 14, 2007
Once the Offeror acquires the deposited units on September 18, 2007, it will own sufficient trust units to effect an amendment to the Declaration of Trust of Legacy REIT, as described in the Offer, which would permit it to cause Legacy REIT to redeem the trust units held by non-tendering Unitholders of Legacy REIT immediately on giving the appropriate redemption notice to such non-tendering Unitholders. The Offeror intends to effect such amendments, cause Legacy REIT to deliver the appropriate... (CCNMatthews Press Releases)
Kensington Global Private Equity Fund releases quarterly financial statements and current portfolio investments Aug 30, 2007
Kensington Global Private Equity Fund was established under the laws of the Province of Ontario by a declaration of trust made as of April 11, 2007. The Fund was created to provide unitholders with access to a diversified portfolio of global private equity investments, including private equity funds, funds of private equity funds and direct investments in private companies. (Canada Newswire)
Merger with ACTIVEnergy Income Fund and Increase in Annual Distribution Rate to $1.32 per unit Aug 30, 2007
Surrendered units will be redeemed at a price calculated with reference to the net asset value per unit in accordance with the fund's declaration of trust. Following completion of the merger, it is expected that the continuing fund will pay distributions at ACTIVEnergy's current annualized rate of $1. (Canada Newswire)
Medisys Receives Proposal to be Taken Private at $7.00 Per Unit Aug 14, 2007
The transaction is subject to negotiation of satisfactory transaction documentation (including a purchase agreement containing customary terms and conditions for a transaction of the type contemplated by the Elman family); the approval, support and favourable recommendation of the transaction to Unitholders by the Special Committee; and receipt of required regulatory and other approvals, including Unitholder approvals as required by the Fund's declaration of trust and applicable securities laws.... (Canada Newswire)
Golf Town Income Fund announces Q2 2007 financial results Aug 13, 2007
The Fund is required by its Declaration of Trust to distribute all of its taxable income to unitholders and is entitled to deduct such distributions for income tax purposes. On June 12, 2007 the proposed legislation eliminating the deduction of distributions from taxable income for certain forms of publicly traded income trusts and partnerships that meet the definition of a Specified Investment Flow-Through Entity ("SIFT") passed with certain modifications. (Canada Newswire)
Merger of Funds into Yieldplus Income Fund and Increase in Annual Distribution Rate to $1.20 per unit Aug 10, 2007
Surrendered units will be redeemed at a price calculated with reference to the net asset value per unit in accordance with the respective Fund's declaration of trust. Yieldplus trades under the symbol YP.UN on the Toronto Stock Exchange. (Canada Newswire)
Builders Energy Services Trust Reports Second Quarter Earnings Aug 10, 2007
Builders Energy Services Trust (the "Trust" or "Builders") is an open-end unincorporated investment trust governed by the laws of the Province of Alberta and created pursuant to a Declaration of Trust dated November 29, 2004. The Trust commenced operations on January 25, 2005. (CCNMatthews Press Releases)
Ag Growth Announces Results for Quarter Ended June 30, 2007 Aug 9, 2007
Ag Growth Income Fund (the "Fund") is an unincorporated, open-ended, limited purpose trust established under the laws of the Province of Ontario by a Declaration of Trust made as at March 24, 2004 ... The Fund's Declaration of Trust requires that it distribute all taxable income earned in its fiscal period ending December 31 ... The Fund's Declaration of Trust requires that it distribute all taxable income earned in its fiscal periods ending December 31. (CCNMatthews Press Releases)
Adelphia Recovery Trust Announces $167.5 Million Settlement With Deloitte & Touche Aug 4, 2007
The Trust stated through a spokesperson: "We are pleased with the settlement, which is among the largest settlements ever reached between a public accounting firm and its audit client. This settlement does not resolve the Trust's claims against Adelphia's former lenders and others who took part in a massive financial fraud perpetrated against Adelphia, and the Trust will continue to prosecute those claims vigorously to conclusion." The Trust in its discretion may retain some or all of the... (PR Newswire)
Quebecor Media Offer for Osprey Media Successful Aug 4, 2007
The Offer provided, among other things, that the execution of the Letter of Transmittal provides 4411986 Canada Inc., a wholly-owned subsidiary of Quebecor Media, with the power of attorney from and after the expiry time for the Offer to vote the Units deposited under the Offer to approve written special resolutions that, among other things, amend Osprey Media's Declaration of Trust to (i) reduce the Compulsory Acquisition threshold to 66. of the Units; and (ii) provide that Units held by... (CCNMatthews Press Releases)
Precision Drilling Trust Reports 2007 Second Quarter Earnings Jul 27, 2007
Precision has a legal entity structure whereby the trust entity, Precision Drilling Trust, effectively must flow its taxable income to unitholders pursuant to its Declaration of Trust. Distributions may be declared in cash or in-kind and reduced, increased or suspended entirely depending on the operations of Precision, the performance of its assets, or legislative changes in tax laws by governments in Canada. (CNNMoney.com)
T REIT, Inc. Transfers Remaining Assets and Liabilities to T REIT Liquidating Trust Jul 21, 2007
July 20 /PRNewswire/ -- W. Brand Inlow, the trustee (the "Trustee") of the T REIT Liquidating Trust (the "Liquidating Trust"), today announced that T REIT, Inc. (the "Company") transferred its remaining assets to, and its remaining liabilities were assumed by, the Liquidating Trust in accordance with the Company's Plan of Liquidation (the "Plan of Liquidation") and an Agreement and Declaration of Trust (the "Trust Agreement"). The Company's stock transfer books were closed as of the close of... (PR Newswire)
Citi Announces Consent Solicitation May 18, 2007
In connection with the liquidation of the Trust's assets, the holders of all of the Certificates, regardless of whether they consented to the proposed amendment, will receive the proceeds from such liquidation in accordance with the Trust's Declaration of Trust, and the Certificates will be cancelled. Citi expects that holders of the Certificates will receive the face amount of their Certificates plus accrued and unpaid interest to the date on which the Trust receives the proceeds from the... (PR Newswire)
Sarasota property transfers May 13, 2007
Jeff Streitmatter Declaration of Trust and Streitmatter, Jeff, trustee, to Sarasota County, Tract B, Palmer Farms, Unit 1, $422,400. Kimball Hill Homes Florida Inc. to Spangenberg, Judith, Lot 4237, Ventura Village, Unit 1, $263,900. (Herald-Tribune)
Chartwell Announces Strong First Quarter 2007 Results May 11, 2007
If leverage were to be increased to the maximum 60% allowed under its Declaration of Trust, Chartwell would have the capacity to acquire approximately $313. 0 million of additional assets without the need for further equity financing. (CCNMatthews Press Releases)
Sarasota property transfers - all of December May 11, 2007
Jeff Streitmatter Declaration of Trust, Streitmatter Jeff, Streitmatter Jeff, trustee, to Sarasota County, Pt Tract B. Palmer Farms, Unit 1, $422,400 ... Carroll David F., Carroll Eleonore A., to Doherty Joni A., trustee, Joni Doherty Declaration of Trust Agreem, Lot 853 Villagewalk, Unit 4A., $325,000 ... Hathaway Madeline E., trustee, Madeline E. Hathaway Declaration of Trust, Madeline E. Hathaway Revocable Trust, to Kleppinger Homes Inc. Pt, Lot 1, Block 26 Pine Shores Est 3 Addition,... (Herald-Tribune)
Primaris Retail REIT Announces First Quarter Financial Results and Acquisitions Update May 4, 2007
The REIT had a debt to gross book value ratio, as defined under the Declaration of Trust, of 47 ... Distributable income, which is not a defined term within Canadian generally accepted accounting principles, has been calculated in accordance with the terms of the Declaration of Trust. (CCNMatthews Press Releases)
Major tax changes for overseas property owners. By Nichola Ross Martin Mar 28, 2007
Partial SuccessWhilst it is good news indeed that the threat of the BIK charge has been removed there are still other lurking dangers which range from allegations that the company is UK controlled, carrying on a business but failed to notify chargeability (particularly dangerous if rents are received even if swamped by other costs), or that it is not UK controlled but (a) still an associated company, driving up the CT bill for other small companies, and/or (b) that s739 could be invoked,... (Accounting Web, UK)
Citadel SMaRT Fund 2006 Income Tax Information Mar 16, 2007
The special distribution was required in order to ensure that the Fund, as per its Declaration of Trust, was not liable to pay income taxes in respect of its current taxation year ended December 31, 2006. Generally, a unitholder who holds units as capital property will be required to include the amount of the non-cash distribution in income and the amount of the non-cash distribution will be added to the adjusted cost basis of the units held by such unitholder. (CCNMatthews Press Releases)
TerraVest Income Fund Releases 2006 Q4 and Year End Financial Results Mar 16, 2007
In accordance with the Declaration of Trust, the independent Trustees determine the amount of distributable cash to be distributed to Unitholders ... The Declaration of Trust provides that an unlimited number of Units of the Fund may be issued ... The declaration of trust by which the Fund is constituted provides that an amount equal to the taxable income of the Fund will be distributed each year to Unitholders in order to eliminate the Fund's taxable income and provides that additional Units... (CCNMatthews Press Releases)
Gateway Casinos Income Fund Reports 2006 Financial Results Mar 16, 2007
See discussion under "EBITDA" and Net Earnings" Operating SegmentsThe Partnership has four primary operating segments based on geographic markets. These are the Burnaby Casino, Cascades Casino, the Lake City Casinos and the Palace Casino.Although the Consolidated Statements of Earnings for the three and twelve months ended December 31, 2006 include corporate and general administration expenses, interest income on secured loans, income allocation on Class A Partnership Units, interest expense,... (CCNMatthews Press Releases)
Tree Island Announces Fourth Quarter and Full-Year 2006 Results and Reduction to Cash Distributions Mar 5, 2007
" Results from Operations (thousands of dollars except for tonnage and per unit figures) 3 Months Ended Dec 31 12 months Ended Dec 31 -------------------------------------------------------------------------- 2006 2005 2006 2005 -------------------------------------------------------------------------- Sales Volumes Tons 41,648 57,305 228,317 263,695 Revenue 50,435 70,950 271,488 336,572 Cost of Goods Sold (45,011) (61,414) (225,784) (285,640) Depreciation (4,081) (4,927) (18,683) (20,310)... (CCNMatthews Press Releases)
Public Notices for Friday, February 23d, 2007 Feb 24, 2007
in print and online, 24/7. NOTICE IS HEREBY GIVEN that the Planning Commission of the City of Santa Maria will conduct a public hearing on March 7, 2007, at 6:30 p.m. in the Council Chambers, 110 East Cook Street, Santa Maria, California, to consider the following. (Santa Maria Times)
The Consumers' Waterheater Income Fund Reports Solid Growth in 2006 Fiscal Year Results and Increases Monthly Distributions by 4.9% Feb 22, 2007
The Fund is an unincorporated open-ended trust established with an unlimited number of trust units under the laws of the Province of Ontario pursuant to a Declaration of Trust dated October 28, 2002. The Fund commenced operations on December 17, 2002, when it completed its initial public offering of Fund units, the proceeds of which were used to fund the purchase of the rental portfolio from Direct Energy Marketing Limited ("Direct Energy"). (CCNMatthews Press Releases)
CAP REIT Announces Strong Fourth Quarter and Year-End 2006 Results Feb 21, 2007
(2) DI is defined in CAP REIT's Declaration of Trust dated May 25, 2006. (3) Excludes cash reinvested through the DRIP. (4) FFO is calculated in accordance with the recommendations of the Real Property Association of Canada ("REALPAC"). (CCNMatthews Press Releases)
Ex-couple's tussle is test case for cohabitees Feb 5, 2007
Dehra Dowden and Barry Stack have run up large legal bills to determine their respective shares of a suburban house in London because they failed to draw up a "declaration of trust" making the position clear when they bought it. The five law lords who will hear their case over four days this week are expected to lay down important principles to guide courts in splitting property bought in joint names by unmarried couples. (Guardian Unlimited)
Public Sector Pension Investment Board Succeeds in Bid for Retirement Residences Real Estate Investment Trust Jan 16, 2007
If PSPIB Destiny acquires 90% of the outstanding units under the offer as extended, it intends to use the compulsory acquisition provisions in Retirement REIT's declaration of trust to acquire the remaining units. If less than 90% of the units are deposited to the offer as extended, PSPIB Destiny intends to effect a subsequent acquisition transaction to acquire the remaining units, as described in its take-over bid circular. (CCNMatthews Press Releases)
