- Insolvency Insider Canada
- Posts
- Issues With Issuance in the Event of Default
Issues With Issuance in the Event of Default
Cristian Delfino, Steven Graff, Miranda Spence and Samantha Hans of Aird & Berlis answer the age-old question as to whether a notice of sale under the Mortgages Act can be issued concurrently with a notice of intention to enforce security under section 244 of the BIA, or whether doing so amounts to an enforcement step taken during the 10-day notice period in contravention of section 244 of the BIA.