We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 321

BC Court of Appeal Clarifies Rights of Joint Accountholders
  • Borden Ladner Gervais LLP
  • Canada
  • July 8 2016

Can one owner of a joint bank account withdraw all of the funds for their own purposes? Does the other joint accountholder have any right to


Canada updates AMLATF Regulations and Guidance
  • Borden Ladner Gervais LLP
  • Canada
  • July 7 2016

On June 17, 2016 the Canadian Governor General in Council issued an order ("Order") with respect to certain amendments to the Proceeds of Crime


Federal Financial Institutions Legislative and Regulatory Reporter - May 2016
  • Borden Ladner Gervais LLP
  • Canada
  • June 17 2016

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


Discretionary Mortgage Pre-Payment Penalties Enforceable - Unless Unconsionable or Miscalculated
  • Borden Ladner Gervais LLP
  • Canada
  • June 15 2016

In Sherry v. CIBC Mortgages Inc., the BC Court of Appeal reversed the certification of a class action in part. In the underlying case, the


Report calls for Significant Reform to OBSI Mandate
  • Borden Ladner Gervais LLP
  • Canada
  • June 6 2016

On Monday June 6, the Ombudsman for Banking Services and Investments ("OBSI") released an 84 page independent evaluation of its investment mandate


A Rose by Any Other Name: SCC Rules that the Loss of a Discounted Interest Rate is Equivalent to the Imposition of a Penal Interest Rate under the Section 8 of the Interest Act
  • Borden Ladner Gervais LLP
  • Canada
  • May 31 2016

On May 6, 2016, the Supreme Court of Canada ("SCC") released its decision in Krayzel Corporation v The Equitable Trust Company. The case was an


Federal Financial Institutions Legislative and Regulatory Reporter - May 18, 2016
  • Borden Ladner Gervais LLP
  • Canada
  • May 18 2016

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


Bank Entitled to Require Probated Will Before Releasing Assets
  • Borden Ladner Gervais LLP
  • Canada
  • May 18 2016

In-house counsel often ask us whether they should require a probated Will before releasing assets or cash to the executor of a deceased customer. The


Criminal Conviction of Attorney for Property Gives Rise to Important Lessons for Financial Institutions and Advisors
  • Borden Ladner Gervais LLP
  • Canada
  • May 4 2016

Financial institutions and advisors are often asked whether it is proper for an attorney for property to make substantial gifts of property to


Prior Involvement as Advisor to Debtor Company - Possible Bar to Appointment in Restructuring Proceedings
  • Borden Ladner Gervais LLP
  • Canada
  • May 2 2016

Financial institutions need to be mindful of the effect of the engagement of financial advisors with respect to their special loan clients. Recently