Devry Smith Frank LLP

Can a lender freeze or call a credit facility based on a “material adverse change”? MAC clauses can have serious consequences for borrowers, but their scope and enforceability are not always clear.

Learn how MAC clauses work, what “material” means, and key steps borrowers can take to protect their interests:

When Can a Lender Pull the Plug on a Credit Agreement? Material Adverse Change Clauses Explained | Devry Smith Frank LLP What is a Material Adverse Change (MAC) clause? Learn how these provisions affect borrowers, when lenders can invoke them, and how to manage risk.

When a relationship ends, the way property is held can have significant legal and financial consequences.

Joint tenancy and tenancy in common are often overlooked after a property purchase, but upon separation, the distinction can affect ownership rights, estate planning, and litigation strategy.

Read our latest blog to learn why reviewing title ownership is an important step during separation: https://durhamlawyer.ca/joint-tenancy-vs-tenancy-in-common-why-it-matters-during-a-separation/

Easements can have a major impact on how land is accessed, used, and developed, but many property owners don’t fully understand them until issues arise.

Our latest blog breaks down the basics of easements, including rights of way, implied easements, and how these interests can affect property value and future development: https://durhamlawyer.ca/easements-101-understanding-non-possessory-interests-in-land/

Devry Smith Frank LLP is pleased to welcome Joe Wahba as a lawyer in our commercial litigation department.

Joe represents large financial institutions and corporations in a broad range of commercial disputes, appearing at all levels of court in Ontario as well as before regulatory and administrative tribunals.

He works closely with clients to develop strategies tailored to the specific demands of each file, whether that means pursuing aggressive recovery, managing risk, or finding an efficient path to resolution.

Joe received his J.D. from Osgoode Hall Law School and was called to the Ontario Bar in 2017. He is a member of the Ontario Bar Association, the Canadian Bar Association, the Law Society of Ontario, and the Toronto Lawyers Association.