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Searching Content indexed under Financial Services by Torkin Manes LLP ordered by Published Date Descending.
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What Is ‘Table' Child Support And Why Is It So Hard To Get It Reduced?
Separated spouses who pay child support are often surprised by the short shrift family lawyers give them when they ask why there is such strict adherence to the "table" child support calculated
Canada
16 Aug 2019
2
Senate Report Urges Action On Open Banking
In June 2019, the Standing Senate Committee on Banking, Trade and Commerce (the "Committee") released its report on open banking, entitled "Open Banking: What it Means for You" (the "Report").
Canada
31 Jul 2019
3
If You Rack Up Debt After Separation, Don't Expect Your Former Spouse To Pay For It
Sharing the assets and liabilities a couple acquired during a marriage is a standard part of any separation.
Canada
27 May 2019
4
Highlights Of Canadian Federal 2019 Budget
On March 19, 2019, the Department of Finance (Canada) tabled a budget (the "Budget") in anticipation of its upcoming fall election. Given the substantial tax changes proposed (and enacted)
Canada
1 Apr 2019
5
Young Couples Living Together To Save On Housing Costs Need To Sign This Often Overlooked Pact — Laurie Pawlitz Speaks To The Globe & Mail On The Importance Of Cohabitation Agreements
Laurie Pawlitza gets a lot of starry-eyed clients in her office – they're often young couples who are moving in to their first home and come in asking for cohabitation agreements...
Canada
20 Nov 2018
6
A Big Win For The Crown - Deemed Trusts Take Priority Over Security Interests
As a consequence of this decision, secured creditors will need to pay attention to these statutory deemed trusts in assessing their lending risk.
Canada
10 Sep 2018
7
Does An Ontario Court Have The Jurisdiction To Enforce An Ontario Guarantee Against An Alberta Guarantor?
It is common for lenders and other parties in Ontario to require a guarantor in another province to execute an Ontario form of guarantee.
Canada
30 Nov 2017
8
BHL v. Leumi ABL Limited: Collection Fees Charged Under Factoring Agreements
BHL v. Leumi ABL Limited [2017] EWHC 1871 (QB) is a factoring case which was decided at the end of July 2017 by the High Court of Justice, Queens Bench Division, in London, England.
Canada
4 Oct 2017
9
PPSA Registrations Against Corporate Debtors With English/French Names
The decision in the HarbourEdge case has important implications for lenders who wish to take security over personal property.
Canada
7 Jul 2017
10
Notice Of Assignment Of Accounts Receivable Under The PPSA: What Every Factor Should Know
Factoring is the legal relationship between a financial institution and a business selling goods or providing services to a trade customer, pursuant to which the Factor purchases the accounts receivable owing to the Client by its Customer.
Canada
7 Apr 2017
11
The Supreme Court Of Canada Rules On When Lenders May Share Personal Information Without Violating Federal Privacy Legislation
This aspect of the case was perhaps the most controversial and attracted considerable criticism from various commentators.
Canada
6 Dec 2016
12
Where Oh Where Is My Debtor? Recent Changes To The Ontario Personal Property Security Act
There is an old expression that "the more things change, the more they stay the same". This could apply to some recent amendments to the Ontario Personal Property Security Act R.S.O. 1990 c.P.10.
Canada
14 Mar 2016
13
Giving Undertaking Or Deficiency Agreements To Lenders/Creditors: Mere Words Or Are They Much More?
In a recent Ontario Court of Appeal decision (Global Food Traders Inc. v. Massalin (2015 O.J. No. 2577) the issue before the Court was as follows...
Canada
25 Feb 2016
14
When Is A Guarantee Unenforceable?
A creditor who loans money has a duty not to breach its contract or act "unconscionably" towards the guarantor or surety of the loan.
Canada
9 Feb 2016
15
Secured Parties Beware: Security Interests In Transferred Collateral
In this case, a supplier took a purchase money security interest in equipment that it sold to the debtor.
Canada
1 Feb 2016
16
The Unexpected Creditor: Why The Right To Redeem Or Retract Shares Matters To Lenders
The closing of a commercial lending transaction typically involves numerous documents, the point of which is often unclear to clients, and little understood by the lawyers themselves.
Canada
13 Dec 2015
17
Does A Discharge Of A Receiver Mean Liability Of The Receiver Is At An End?
A recent decision of Justice McEwen dealt with an interesting issue concerning whether a party in receivership can sue the Receiver after an order discharging the Receiver.
Canada
28 Jul 2015
18
A Trio Of Recent PPSA Cases From Coast to Coast In Canada
A trio of recent cases from coast to coast in Canada confirms that the Courts continue to take a very strict approach to the requirements of the Personal Property Security Act (the "PPSA") in their Provinces.
Canada
1 Jul 2015
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