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Course Name Banking Documentation
Course Code BFSL 6921
Course Credits 3.0
Pre/Anti-requisites
Course Description

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.

Upcoming Offerings

Not currently scheduled

Specialization Financial Law
Status Elective
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 cpd@osgoode.yorku.ca
NCA Status N/A

All courses and schedules are subject to change.