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This Week's Issue

Lawyer under fire after $15M in condo deposits goes missing

Yamri Taddese - Monday, August 25, 2014

As a Toronto lawyer is facing a Law Society of Upper Canada investigation over $15 million in buyers’ missing property deposit fees after she transferred the money to the developer even though the transactions hadn’t closed and the project wasn’t complete.
Lawyer Meerai Cho had received about $14.9 million in trust from purchasers of condo units in the Centrium condominium project at 5220 Yonge St. in Toronto. But with the project now cancelled, the deposit money is missing after Cho paid it to her client, the developer of the condo project, in what she says was a mistake due to her inexperience.

In response to the law society’s motion to suspend her licence while it investigates the matter, Cho said she had never represented a builder before the Centrium project and never held trust funds that didn’t belong to her clients...


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Inside Story

Monday, August 25, 2014

FIVE NEW JUDGES NAMED
The province has appointed five new judges to the Ontario Court of Justice.

Jill Copeland, Karen Lische, Kevin McHugh, Paul Monahan, and Peter Andras Schreck will take office effective Aug. 27.

Copeland was a partner at Sack Goldblatt Mitchell LLP and worked as an executive legal officer at the Supreme Court of Canada prior to now. She’ll preside in Brampton, Ont.

Lische, who worked as an assistant Crown attorney for the Ministry of the Attorney General for the last 13 years, previously practised family law at Miller Maki. She’ll preside in Sudbury, Ont.

McHugh, a criminal lawyer for 14 years, will take his post in Walkerton, Ont., this week.

Monahan, a partner at Fasken Martineau DuMoulin LLP for the past 19 years, is a litigator as well as a mediator and arbitrator. He’ll sit in Brampton along with Schreck, a partner at Schreck Presser LLP. Schreck is a criminal lawyer who has taught evidence law...

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