|Course Name||Receiverships and Other Remedies in Secured Transactions|
|Course Code||BFSL 6772|
|Pre/Anti-requisites||Pre-Requisite For students outside the BFSL specialization: BFSL 6800: Introductory course I: Introduction to Financial Services Law or BFSL 6901: Introductory course III: Advanced Bankruptcy and Insolvency Law or Demonstrated foundational knowledge of Canadian bankruptcy and insolvency law concepts.|
Secured lending and credit play an enormous role in Canada’s economy, and modern legislation expressly facilitates secured transactions. This course will analyze the growth and development of secured creditors in Canada. It will discuss the objects and purposes of secured credit and consider whether the current system meets them efficiently and effectively. Comparisons will be made with the experience of other major commercial economies. This course will also deal with the remedies that are available to secured creditors in an insolvency, particularly the nature and extent of the receivership remedy and the contrasts between court and privately-appointed receivers. The course will review other remedies available to secured creditors, the responsibilities of secured creditors in enforcement situations, the rights of debtors and guarantors and the supervisory role of the courts over creditors and enforcement. It will also analyze the differing U.S. and U.K. systems governing the rights and remedies of secured creditors.
|CPD Hours||Eligible LSO CPD: 12h Substantive Professional LLM courses may be eligible for CPD/MCLE credits in other Canadian jurisdictions. To inquire about credit eligibility, please email email@example.com|
All courses and schedules are subject to change.