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Sam Babe

As seen in: Lexology, Mondaq
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Articles

It's All Peakhill From Here: Appellate Confirmation Of Courts' Jurisdiction To Grant Reverse Vesting Orders In Receivership Proceedings

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By Sam Babe
| Mondaq
On July 2, 2024, the Court of Appeal for British Columbia (the "Court") released its highly anticipated decision in British Columbia v. Peakhill Capital Inc., 2024 BCCA 246 ("Peakhill") concerning the use of reverse vesting orders ("RVOs") to effect sale transactions structured to avoid provincial property transfer taxes for the benefit of creditors.
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Ontario Does Away With Registration On Title Of PPSA Notices Of Security Interest In Consumer Goods

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By Sam Babe
| Mondaq
To listen to an audio recording of this article, click here. On June 6, 2024, Bill 200, the Homeowner Protection Act, 2024 (the "Act")1 received royal assent and came into force in Ontario amending, among other things, the Personal Property Security Act (the "PPSA") section 54 provisions governing the registration of notices of security interest ("NOSIs").
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Ontario Does Away With Registration on Title of PPSA Notices of Security Interest in Consumer Goods

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By Sam Babe
| airdberlis.com
On June 6, 2024, Bill 200, the Homeowner Protection Act, 2024 (the “Act”)[1] received royal assent and came into force in Ontario amending, among other things, the Personal Property Security Act (the “PPSA”) section 54 provisions governing the registration of notices of security interest (“NOSIs”). Financiers of consumer goods will no longer be able to register their PPSA security interests on title to the properties where such consumer goods are installed as fixtures.
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