perpetual contracts Archives

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December 20, 2017

The Supreme Court recently affirmed the validity of perpetual contracts under Quebec law. In Uniprix inc. v. Gestion Gosselin et Bérubé inc., the Court ruled that a unilateral contract renewal clause is valid, despite its potential to bind one party in perpetuity.

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The Validity of Perpetual Contracts Upheld by the Supreme Court of Canada