Asset Realization

Asset Realization

We regularly act for banks, other financial institutions and creditors in the collection of debts and enforcement of security. In particular, we are often engaged to realize on assets under debt instruments and through the use of the following legislation:

  • PPSA (i.e., sales; foreclosures)
  • BIA (i.e., interim or national receivers)
  • Mortgages Act (i.e., power of sale)
  • Repair & Storage Lien Act (i.e., possession of repaired or stored assets)
  • OBCA and CBCA liquidation and wind up provisions

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