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Results: 1-10 of 71

Is equity a crime?
  • Cassels Brock & Blackwell LLP
  • Canada
  • November 4 2007

Charging usurious loan interest is a criminal offence under section 347 of the Criminal Code of Canada


Don't give away the farm - taking security in production quotas
  • Cassels Brock & Blackwell LLP
  • Canada
  • December 22 2014

For a lender in the agricultural space, some of the most valuable assets a lender may be relying on for recovery purposes are the production quotas


Individual Guarantors in Alberta - trap for the unwary and extra cost
  • Cassels Brock & Blackwell LLP
  • Canada
  • April 21 2015

In February this year, we circulated the e-lert below discussing upcoming amendments to the Alberta Guarantees Acknowledgement Act by Bill 44:


Contract law: Maxam Opportunities Fund Limited Partnership v. 729171 Alberta Inc. (2015 BCSC 271)
  • Cassels Brock & Blackwell LLP
  • Canada
  • April 8 2015

Sophisticated parties held to the words of their bargain; making a credit facility "available" did not create an obligation on borrower to draw on the


Supreme Court of Canada rules that provincial consumer protection laws apply to bank-issued credit cards
  • Cassels Brock & Blackwell LLP
  • Canada
  • October 1 2014

On September 19, 2014, the Supreme Court of Canada (the "SCC") released its long-awaited decision in Bank of Montreal v. Marcotte and two companion


Ontario Personal Property Security Act registration made in “shake-down” attempt results in award of substantial indemnity costs against corporation and sole director
  • Cassels Brock & Blackwell LLP
  • Canada
  • October 29 2014

Clients regularly ask us what happens if an Ontario Personal Property Security Act registration is made against them which was not authorized. Our


Sheltering unsecured debt under a secured party's security does not work
  • Cassels Brock & Blackwell LLP
  • Canada
  • February 27 2012

The issue of whether an unsecured party can purchase a secured party’s debt to shelter its own unsecured debt under the newly acquired security is often debated


Perfecting security interests in cash collateral - proposed amendments to the Ontario PPSA
  • Cassels Brock & Blackwell LLP
  • Canada
  • February 28 2012

The most common liquid asset is cash as it is easily valued and transferred


Priority agreements in inventory financing parts and supplies should be carefully defined
  • Cassels Brock & Blackwell LLP
  • Canada
  • February 29 2012

The recent case of Toronto Dominion Bank v. Wheatland Industries (1990) Ltd.1 (the “Wheatland Case”) is instructive in its interpretation of priority agreements in inventory financing


Abuse of the Repair and Storage Liens Act
  • Cassels Brock & Blackwell LLP
  • Canada
  • March 6 2012

Lawrence Gold recently presented on abuses of the Repair and Storage Liens Act (Ontario) (“RSLA”) impacting commercial finance and insurance companies to the Ontario Personal Property Security Legislation Committee (“PPSL Committee”