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Lenders can breathe a sigh of relief as the law of guarantees remains unchanged

Borden Ladner Gervais LLP
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Canada
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May 21 2013

On May 13, 2013, the Ontario Court of Appeal released its highly-anticipated decision in Royal Bank of Canada v. Samson Management & Solutions, a

Federal financial institutions legislative and regulatory reporter

Borden Ladner Gervais LLP
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Canada
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May 16 2013

The Reporter provides a monthly summary of federal legislative and regulatory developments of relevance to federally regulated financial institutions

Federal financial institutions legislative and regulatory reporter

Borden Ladner Gervais LLP
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Canada
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March 26 2013

The Reporter provides a monthly summary of federal legislative and regulatory developments of relevance to federally regulated financial institutions

Personal credit information can insurance companies use it to set premiums?

Borden Ladner Gervais LLP
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Canada
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February 19 2013

According to a report of findings released by the Office of the Privacy Commissioner of Canada (the "Federal Commissioner"), insurance companies can

Lenders must ensure compliance with guarantee conditions or risk discharge of guarantee: Coast Mountain Aviation v. Brooks Enterprises

Borden Ladner Gervais LLP
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Canada
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February 1 2013

A recent British Columbia Supreme Court decision in Coast Mountain Aviation Inc. v. M. Brooks Enterprises Ltd. held that the guarantor of a loan was

Unenforceable guarantees: decision under appeal!

Borden Ladner Gervais LLP
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Canada
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December 6 2012

In our recent client update entitled Unenforceable Guarantees: Lenders Take Note! we reviewed the surprising Ontario Superior Court decision in Royal Bank of Canada v. Samson Management & Solutions Ltd

Inadvertently discharged PPSA financing statement saved by equity (but caution, this will not always occur)

Borden Ladner Gervais LLP
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Canada
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November 13 2012

A recent Supreme Court of British Columbia decision in KBA Canada v. 3S Printers Inc. held that where a BC PPSA financing statement has been inadvertently discharged and there is no prejudice to subordinate creditors, the court can make an order giving priority to the discharged creditor

Unenforceable guarantees: lenders take note!

Borden Ladner Gervais LLP
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Canada
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November 6 2012

A recent Ontario Superior Court decision in Royal Bank of Canada v. Samson Management & Solutions Ltd. addresses the enforceability of guarantees and drives home the lesson that when increasing the amount or changing conditions under a loan agreement, the lender (a) should not terminate the old loan agreement and replace it with a new one and (b) should always have a new guarantee provided or the old guarantee confirmed

Sober second thoughts on the proposed Canadian prepaid card regulations

Borden Ladner Gervais LLP
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Canada
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November 2 2012

The Canadian federal government has announced proposed Prepaid Payment Products Regulations (the “Regulations”) in connection with its mandate to protect consumers when using payment products and improving consumer awareness on these forms of payment

A further handicap or levelling the playing field? Canadian Code of Conduct to expand to mobile payments

Borden Ladner Gervais LLP
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Canada
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October 4 2012

The Canadian federal government has published a proposed Addendum to the Code of Conduct for the Credit and Debit Card Industry in Canada for public consultation, which would extend the Code to mobile payments

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Search results

Lenders can breathe a sigh of relief as the law of guarantees remains unchanged

Federal financial institutions legislative and regulatory reporter

Federal financial institutions legislative and regulatory reporter

Personal credit information can insurance companies use it to set premiums?

Lenders must ensure compliance with guarantee conditions or risk discharge of guarantee: Coast Mountain Aviation v. Brooks Enterprises

Unenforceable guarantees: decision under appeal!

Inadvertently discharged PPSA financing statement saved by equity (but caution, this will not always occur)

Unenforceable guarantees: lenders take note!

Sober second thoughts on the proposed Canadian prepaid card regulations

A further handicap or levelling the playing field? Canadian Code of Conduct to expand to mobile payments

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