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Searching Content indexed under Insolvency/Bankruptcy/Re-structuring by Borden Ladner Gervais LLP ordered by Published Date Descending.
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Doing Business In Canada 2019
Canada's legal system is based on English common law, applied in nine provinces and three territories; and French civil law ...
Canada
16 Nov 2018
2
UPDATED: Guarantors Can Be Discharged in Bankruptcy Only if the Creditor Caused the Default
The Court of Appeal of Ontario found in Toronto-Dominion Bank v. Konga that the interpretation of a guarantee is a question of mixed fact and law, entitled to deference on appeal. Further, for a guarantor to obtain a discharge from the guarantee, he must establish that the bank's demand caused the debtor's default.
Canada
27 Apr 2017
3
SCC Streamlines Collection
The Supreme Court of Canada in Royal Bank of Canada v Trang, ("Trang") has streamlined the collection process for judgment creditors attempting to execute against a judgment debtor's mortgaged real property.
Canada
5 Apr 2017
4
Guarantors Can Be Discharged In Bankruptcy Only If The Creditor Caused The Default
The appellant in Konga had signed a personal guarantee of a corporation's obligations to the respondent bank.
Canada
23 Feb 2017
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