The Riskie business of modifying employment contracts – Ontario court upholds the validity of a fixed-term agreement purporting to modify an indefinite employment relationship
The “Fresh Consideration” Doctrine The need for “fresh consideration” has long been a fundamental requirement to the enforceability of contracts. More specifically, in the absence of exceptional circumstances, an existing obligation or duty to perform cannot be used as valid consideration for the creation of a new contract. The legal doctrine of “fresh consideration” is
