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Bankrupt Tenants and Landlords' Rights to Draw Upon a Letter of Credit Obtained as Security

Canada - November 29 2019 When a commercial tenant goes bankrupt, the respective rights of landlords and trustees can be complex to sort out. Yet, as illustrated by recent...

Judgment Creditors Beware: The Impact of Limitation Periods on Section 38 BIA Claims

Canada - September 11 2019 On July 31, 2019, the Ontario Court of Appeal rendered its decision in Ridel v. Goldberg, clarifying the interplay of the various provisions of the...

Christine Kucey.

Provincial Statutory Trusts in Insolvency Proceedings: The Guarantee Company of North America v. Royal Bank of Canada

Canada - February 14 2019 In the recent landmark decision of The Guarantee Company of North America v. Royal Bank of Canada, a unanimous five judge panel of the Ontario Court...