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Results: 1-10 of 378

Third Party In Possession of Financed Truck Ordered To Pay Damages to Bank
  • Borden Ladner Gervais LLP
  • Canada
  • May 22 2017

In Royal Bank of Canada v. Modo, the co-defendant, Rejert Modo entered into a Fixed Rate Conditional Sales Contract with the plaintiff, Royal Bank of


Personal Guarantee Contested On The Basis of Negligent Misrepresentation Is Deemed Enforceable
  • Borden Ladner Gervais LLP
  • Canada
  • April 21 2017

Royal Bank of Canada v. Surje & Company Inc. is a recent decision of the Ontario Superior Court of Justice. The personal defendant, Sunny Bhasin ("Mr


TD v Konga: When Guarantors are Guaranteed to Pay
  • Borden Ladner Gervais LLP
  • Canada
  • April 13 2017

Guarantors beware: the Court of Appeal, in The Toronto-Dominion Bank v Konga, held that the guarantor was required to pay in response to a demand for


New York State Cybersecurity Regulation for Financial Institutions
  • Borden Ladner Gervais LLP
  • Canada, USA
  • April 5 2017

On March 1, 2017, the New York State Department of Financial Services' Cybersecurity Requirements for Financial Services Companies (the "Regulation"


New York State Cybersecurity Regulation for Financial Services Companies
  • Borden Ladner Gervais LLP
  • Canada, USA
  • April 5 2017

On March 1, 2017, the New York State Department of Financial Services' Cybersecurity Requirements for Financial Services Companies (the "Regulation"


SCC Streamlines Collection
  • Borden Ladner Gervais LLP
  • Canada
  • April 3 2017

The Supreme Court of Canada in Royal Bank of Canada v Trang, ("Trang") has streamlined the collection process for judgment creditors attempting to


Bank Did Not Circumvent Secured Interest by Granting Overdraft Protection
  • Borden Ladner Gervais LLP
  • Canada
  • March 31 2017

In Kari Holdings Inc. v. HSBC Bank Canada, C.I.F. Furniture Limited ("CIF") opened two commercial chequing accounts at HSBC Bank Canada ("Bank"). The


Federal financial institutions legislative and regulatory reporter - February 2017
  • Borden Ladner Gervais LLP
  • Canada
  • March 24 2017

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


Interest Act: When is a Default Charge a Prohibited Penalty?
  • Borden Ladner Gervais LLP
  • Canada
  • March 21 2017

In Bankers Mortgage Corporation v. Plaza 500 Hotels Ltd., the British Columbia Court of Appeal recently considered whether an "Exit Fee" payable on


Prepaid Credit Card Class Action Remitted to Certification Judge
  • Borden Ladner Gervais LLP
  • Canada
  • March 17 2017

In Jiang v. Peoples Trust Company, the Court of Appeal allowed an appeal from a class certification order and remitted the matter for further