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Results: 1-10 of 38

Perfection by possession: possession not required
  • Cassels Brock & Blackwell LLP
  • Canada
  • March 25 2011

Under Canadian personal property security legislation perfection of a security interest is effected by registration or by taking possession of the collateral


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


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:


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


The standard form trap
  • Cassels Brock & Blackwell LLP
  • Canada
  • December 3 2012

It’s time to review your standard forms!


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


Good news for secured creditors as value of their collateral increases
  • Cassels Brock & Blackwell LLP
  • Canada
  • November 5 2008

For most lenders, taking security from their borrowers is pretty straightforward: take a general security agreement covering inventory, receivables and all other collateral, add some guarantees, and then look to see if there are any other loose ends that need tying up


Payment cards recent developments
  • Cassels Brock & Blackwell LLP
  • Canada
  • August 3 2010

Recent federal legal developments concerning payment cards will interest financial institutions, payment card acquirers, merchants and consumers


Reliance on collateral descriptions reinstated and new hope that Section 7 of the Personal Property Security Act (Ontario) (where to register) will be proclaimed into force
  • Cassels Brock & Blackwell LLP
  • Canada
  • July 12 2010

As has been mentioned in previous e-LERTs from our firm, certain provisions of the Personal Property Security Act (Ontario) (the "OPPSA") were repealed


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”