|Course Name||Banking Documentation|
|Course Code||BFSL 6921|
The course looks at a number of standardized bank documents with a view to developing a critical understanding of legal documentation in areas such the following: • Basic Objectives: including the definition of rights and duties; abrogation of customer's rights; protection against customer's bankruptcy or winding up; attempts to exclude risk of fraud; problems of jurisdiction and of governing law; and elegance and need to avoid verbosity. Danger of cloaked transactions: classification of basic credit transactions; loans disguised as sales disguised as leases; and objects of "sham" transactions. • General Terms and Conditions: ways and means of improving the draftsmanship of individual terms; requirement of terms and need or desirability of adding some specific conditions; and additional clauses; and other aspects including Overdrafts and Term Loans, Margin Trading Agreements, Charges over Bank Deposits and Currency Trading Agreements.
Not currently scheduled
|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.