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NCS COVID-19 State and County Updates
February 8, 2019
At the end of 2015, Ontario enacted the 2006 Amendments to its PPSA and, as predicted, other provinces are slowly following suit. At the end of 2018, the Saskatchewan …
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March 23, 2018
In a recent Alberta court decision, a creditor claimed it had priority in the defunct debtor’s estate, because the creditor and debtor had executed an operator’s lien. The operator’s lien, …
August 14, 2017
Registering a PPSA in Ontario? Then you know the importance of correctly identifying your customer, drafting & executing a sound Security Agreement and registering the Financing Statement in the correct …
July 17, 2017
3-in-3 is a 3 question, 3 minute interview with an NCS colleague. Today’s 3-in-3 features Shannon Dooley in our Collection Services Group. Read this post to learn more about …
April 7, 2017
In the article Two Ontario Law Reform Changes of Note to Lenders and Lessors, author Jennifer E. Babe reviewed two notable changes to the most recent legislative change for the …
July 15, 2016
You may recall our previous posts about securing receivables in Mexico via the RUG (if you don’t, check out this blog post & this infographic). Modeled after our Article 9 …
April 22, 2016
You may recall an earlier post where we discussed the changes associated with the implementation (finally!) of the 2006 Amendments to the Ontario PPSA. The amendments included a clearer definition …
April 15, 2016
These liens enable creditors to extend credit secured by collateral. But what’s the difference between consensual & statutory and which one should a creditor choose? In a recent article, …
February 11, 2016
By Mr. Peter Mills, Special Counsel with Thomson Geer Many law firms, in substance, finance claimants on the basis of “no win no fee”, with payment to come from the …
December 15, 2015
The 2006 amendments to Ontario’s Personal Property Security Act (PPSA) are set to become effective by the end of the year. Initially I thought “…the amendments passed nearly 10 years …
November 23, 2015
The 2006 Amendments to the Ontario PPSA will go into effect December 31, 2015. Currently registration of a security interest in inventory is recorded in the province in which the …
November 2, 2015
1, 3, 11… Confused counting? Of course not, silly, these numbers identify the various types of UCC filings under Article 9 of the Uniform Commercial Code (UCC). As you may …