PLC Cross-border Finance Handbook 2011: Country Q&A – Canada
|Lawyer||David Nadler, Brendan O'Neill, David Wiseman|
|Area||Banking and Finance Law, Corporate Restructuring|
This article was originally published online in the PLC Cross-Border Finance Handbook 2011 - A Q&A guide to finance in Canada. The Q&A gives a high level overview of the lending market, taking security over assets, special purpose vehicles in secured lending, quasi-security, guarantees, and loan agreements. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring of debt agreements; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.