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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

Some points about seeking costs against self-represented parties

Borden Ladner Gervais LLP
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Canada
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September 19 2012

First among them that, ‘in matters of costs, a self-represented litigant is sometimes his own worst enemy’

Consumers will need to opt-on to receive products and services from financial institutions

Borden Ladner Gervais LLP
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Canada
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July 23 2012

The Negative Option Billing Regulations under Canada’s Bank Act, which are scheduled to come into force on August 1, 2012, will require federally regulated financial institutions (“FRFIs”) as well as the affiliates they control or agents of such FRFIs or affiliates to offer new retail products and services on an opt-in basis only

‘Knowing assistance’ class action certified

Borden Ladner Gervais LLP
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Canada
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July 10 2012

Good rule of thumb: don’t knowingly assist in someone else’s breach of trust; you’ll be liable too

No duty to correct misstatements of third parties present during earnings call

Borden Ladner Gervais LLP
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Canada
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July 10 2012

MGIC Investments, an insurer of mortgage loans, was under pressure when the sub-prime market faltered in 2007

New York Court on jurisdiction over claims of bank’s foreign non-customers: not entirely clear-cut

Borden Ladner Gervais LLP
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Canada
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May 1 2012

The plaintiffs in the two related judgments in Licci v Lebanese Canadian Bank SAL and American Express Bank Ltd (2d Cir, 5 March 2012) were Israeli residents who had been the victims of Hezbollah rocket attacks in 2006

Limitation period for negligent misrep runs from when you know you have a claim, not necessarily from when loss actually occurred

Borden Ladner Gervais LLP
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Canada
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May 1 2012

With impeccably awful timing, the City of Hamilton bought asset-backed commercial paper (ABCP) in July 2007, three weeks before the ABCP market collapsed

New Bank Act amendments alter security interest priorities between federal Bank Act security and unperfected PPSA and other security interests

Borden Ladner Gervais LLP
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Canada
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April 13 2012

On March 29, 2012, the Financial System Review Act (“FSRA”) received royal assent, with the provisions coming into force on a date to be fixed by order in council

Focus on Canada's payments system heats up

Borden Ladner Gervais LLP
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Canada
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April 11 2012

In 2009 and 2010, Canada’s payments systems underwent remarkable scrutiny and was the subject of a host of changes

Attachment or garnishment order against ny branch doesn’t restrain debtor’s Canadian account

Borden Ladner Gervais LLP
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Canada, USA
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March 15 2012

The old ‘separate entity’ rule, which treats bank branches as distinct for purposes such as garnishment and attachment, is alive and well in New York

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Search results

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

Some points about seeking costs against self-represented parties

Consumers will need to opt-on to receive products and services from financial institutions

‘Knowing assistance’ class action certified

No duty to correct misstatements of third parties present during earnings call

New York Court on jurisdiction over claims of bank’s foreign non-customers: not entirely clear-cut

Limitation period for negligent misrep runs from when you know you have a claim, not necessarily from when loss actually occurred

New Bank Act amendments alter security interest priorities between federal Bank Act security and unperfected PPSA and other security interests

Focus on Canada's payments system heats up

Attachment or garnishment order against ny branch doesn’t restrain debtor’s Canadian account

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