Ontario Government proposes bill to limit registrations of security interests against certain equipment
Introduction The Ontario Government has introduced Bill 169, the Removing Red Tape for Homeowners (No More Pushy, High-Pressure HVAC Scams) Act, 2024 (“Bill 169” or the “Bill”), which limits the registration of a Notice of Security Interest (“NOSI”) against certain […]
Ken Rosenstein and Victor Cornea publish article on Enhanced Super-Priority for Farmers – Lenders Beware
Ken Rosenstein and Victor Cornea’s article on « Enhanced Super-Priority for Farmers – Lenders Beware » is published in LexisNexis’ National Insolvency Review: Lenders beware, Canada is one step closer to establishing a framework that will provide significant enhanced protections for suppliers […]
Kenneth Rosenstein interviewed by Law Times on Toronto office move
Law Times
Toronto Office Managing Partner Kenneth Rosenstein speaks to Law Times on the upcoming office move to the top floors of Scotia Plaza in early 2025. The new space will be designed to « foster collaboration, networking, and a vibrant work culture »: […]
Kenneth Rosenstein featured in RENX.ca article on Toronto office relocation
Real Estate News EXchange
Toronto Office Managing Partner Kenneth Rosenstein speaks to RENX.ca on Miller Thomson’s forthcoming move to the upper floors of Scotia Plaza: “It aligns with our movement in the marketplace and our trajectory and our ascension to the top of the […]
Enhanced superpriority for farmers – Lenders beware
Lenders beware, Canada is one step closer to establishing a framework that will provide significant enhanced protections for suppliers of perishable food items. Bill C-280, or the Financial Protection for Fresh Fruit and Vegetable Farmers Act (the “Act”), has passed […]
Protection d’assurance pour les prêteurs garantis
Les certificats d’assurance désignent souvent le prêteur garanti du débiteur comme « assuré supplémentaire » ou « bénéficiaire » de la police, sans préciser qu’il est un « créancier hypothécaire » profitant d’une « clause type relative aux garanties hypothécaires ». Ces mots-clés sont pourtant essentiels pour protéger […]
Soupir de soulagement pour les mandataires de financements par un syndicat financier
Les mandataires prenant part à des transactions de prêts syndiqués ont appris avec un grand soulagement une nouvelle concernant les paiements qu’ils peuvent effectuer par erreur aux prêteurs de leur syndicat. Les dispositions relatives aux paiements effectués par erreur sont […]
Projet de loi 96 : nouveauté ou déjà vu ?
Le 13 mai 2021, le projet de loi 96 : Loi sur la langue officielle et commune du Québec, le français (le « Projet de loi ») a été déposé par le gouvernement du Québec. Ce Projet de loi vise à assurer […]
Lessons for lenders: Personal knowledge and addressing the evidentiary burden remains key
Introduction It is common for a special loans officer of a secured lender to swear an Affidavit on behalf of their financing institution in connection with enforcement proceedings. However, a recent Master’s decision, Meridian OneCap Credit Corp v Nikos Directional […]
Lenders take note: Exercising discretion in good faith affirmed by the Supreme Court of Canada
On February 5, 2021, the Supreme Court of Canada released its decision in Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District[1] (“Wastech v. Metro”), where it clarified the duty of contracting parties to exercise discretion in good faith. […]