Financial Services & Restructuring Communiqué

A pen sits over top a budget sheet

April 30, 2021

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Guarantor’s payment of legal fees incurred by a lender to sue a borrower

Maxime B. Rhéaume

The following is a summary of a judgment concerning the Bank’s right to be reimbursed for legal fees it incurred to sue and obtain a judgment against a surety (hereinafter called “the Guarantor”). Facts The facts of the case can...

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