LATEST ARTICLES
Australia
Corrs Chambers Westgarth
When can a mortgagee claim a right to retain reasonable security for costs of anticipated litigation with a mortgagor?
Rostron Carlyle Rojas
A notice of assignment of debt is required by Queensland law when a debt is assigned (transferred) to a new creditor.
Vincent Young
The recent case of Cooper as Liquidator of Runtong Investment and Development Pty Ltd (In Liq) v CEG Direct Securities Pty Ltd [2024] FCA 6 (Cooper), shed light on when the Court will intervene...
British Virgin Islands
Harneys
How to enforce Security in the BVI out of court will depend on your Security type. For this guide, we focus on the out-of-court enforcement of Security granted over shares in a company.
Canada
Gowling WLG
In the 2023 Fall Economic Statement, the Government of Canada announced the Canadian Mortgage Charter ("Charter"), which requires federally regulated financial institutions...
Fasken
On April 8, 2024, the Alberta Court of Appeal released its highly anticipated decision in Qualex-Landmark Towers Inc v 12-10 Capital Corp, 2024 ABCA 115 (the "Appeal Decision").
Lawyers Financial
Mortgage insurance and life insurance both purport to protect your loved ones in the case of your death. But only one will give your beneficiaries the freedom to use those payments...
Bennett Jones LLP
This week's highly anticipated decision of the Alberta Court of Appeal in Qualex-Landmark Towers Inc v 12-10 Capital Corp, 2024 ABCA 115 [Qualex]...
WeirFoulds LLP
Rule 30.10 is a very powerful evidence-gathering tool. It empowers the Court to order a non-party to produce documents in their possession, power, or control that are relevant to ongoing litigation.
Fasken
The new Mortgage Services Act, which introduces new licensing requirements and enforcement powers, is expected to come into force later this year.
Lenczner Slaght LLP
A power of sale is a very common mortgage remedy used by lenders where a borrower defaults under the applicable mortgage agreement.
Borden Ladner Gervais LLP
On March 6, 2024, the Financial Services Regulatory Authority of Ontario (FSRA) released proposed guidance (Proposed Guidance) outlining FSRA's interpretation of the licensing...
Egypt
Andersen in Egypt
Toxic assets, a term synonymous with financial crises and market turmoil, have long haunted the balance sheets of financial institutions worldwide.
Greece
Machas & Partners Law Firm
Project Finance Comparative Guide for the jurisdiction of Greece, check out our comparative guides section to compare across multiple countries
Hong Kong
Mayer Brown
Hong Kong's District Court recently granted a car park operator default judgment in ATL Logistics Centre Hong Kong Ltd v. Wellfit Chun Yip Logistics Ltd DCCJ 3840/2023 for unpaid parking charges...
Indonesia
EKSPER Counsellor at Law
In response to improve the transparency and efficiency of mortgage implementation, Ministry of Agrarian and Spatial Planning has enacted Regulation Number 5 of 2020...
Ireland
Matheson
On 28 March 2024, the Deputy Governor of the Central Bank of Ireland ("Central Bank"), Sharon Donnery, gave opening remarks at the third meeting of the Central Bank's Financial Industry Forum
Dillon Eustace
Generally speaking, no. Neither lending to (larger) corporate borrowers nor taking the benefit of security over assets located in Ireland requires a foreign or nonbank lender to be licenced...
Matheson
Following an extensive engagement programme with Regulated Financial Service Providers ("RFSPs"), relevant stakeholders and customers alike...
Chooi & Company
In a recent judgment dated 28 February 2023, the Federal Court provided a much welcome clarification on the applicability of Section 21 of the Limitation Act 1953 in applications for orders for sale...
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