Product details

Publisher: 
Carswell
Practice area: 
Commercial law & contracts
Jurisdiction: 
Ontario
Publication date: 
2021-03-16
Carswell

The 2020-2021 Annotated Ontario Personal Property Security Act (Print + ProView)

Availability: Partial Stock

Any time your commercial transactions involve debt security, there will be issues that must be considered under the province’s Personal Property Security Act (PPSA). You can help smooth the way when taking and enforcing security by consulting Richard McLaren’s The 2020 Annotated Ontario Personal Property Security Act — a complete practitioner’s manual to the Ontario regime, written by an acknowledged expert.

New in this edition:

In addition to the legislative and commentary updates, the 2020 edition includes the following new decisions:

  • AGT Financial Corp. v. Ellake Services Ltd., 2011 CarswellBC 1073 (BCSC): Pursuant to s. 1(2)(c) of the Alberta Personal Property Security Act (PPSA) (equivalent to s. 69(c)(ii) of the Ontario PPSA), the court fixed the Applicant creditor with knowledge of competing security interests in the debtor’s assets on the basis that one of its senior employees knew, or should have known, of the prior security interest claimed by the bank.
  • Hariz v. 692599 NB Ltd., 2019 CarswellNB 183 (NBQB): it was held that s. 5(1)(b) of the New Brunswick Small Claims Act (SCA) conflicted with ss. 63(2) and 67 of the New Brunswick PPSA. According to s. 70 of the New Brunswick PPSA, a conflict between two pieces of legislation will be resolved in favor of the PPSA unless the conflicting legislation is consumer protection legislation.

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. The Thomson Reuters ProView web-based application is accessed via your browser. With the new ProView web app, offline capability is now available from your browser. The web application has a responsive design and is compatible with desktop, laptop and mobile devices.

Carswell

The 2020-2021 Annotated Ontario Personal Property Security Act (Print + ProView)

Availability: Partial Stock

Description

Any time your commercial transactions involve debt security, there will be issues that must be considered under the province’s Personal Property Security Act (PPSA). You can help smooth the way when taking and enforcing security by consulting Richard McLaren’s The 2020 Annotated Ontario Personal Property Security Act — a complete practitioner’s manual to the Ontario regime, written by an acknowledged expert.

New in this edition:

In addition to the legislative and commentary updates, the 2020 edition includes the following new decisions:

  • AGT Financial Corp. v. Ellake Services Ltd., 2011 CarswellBC 1073 (BCSC): Pursuant to s. 1(2)(c) of the Alberta Personal Property Security Act (PPSA) (equivalent to s. 69(c)(ii) of the Ontario PPSA), the court fixed the Applicant creditor with knowledge of competing security interests in the debtor’s assets on the basis that one of its senior employees knew, or should have known, of the prior security interest claimed by the bank.
  • Hariz v. 692599 NB Ltd., 2019 CarswellNB 183 (NBQB): it was held that s. 5(1)(b) of the New Brunswick Small Claims Act (SCA) conflicted with ss. 63(2) and 67 of the New Brunswick PPSA. According to s. 70 of the New Brunswick PPSA, a conflict between two pieces of legislation will be resolved in favor of the PPSA unless the conflicting legislation is consumer protection legislation.

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. The Thomson Reuters ProView web-based application is accessed via your browser. With the new ProView web app, offline capability is now available from your browser. The web application has a responsive design and is compatible with desktop, laptop and mobile devices.