One, Not Done: Ontario Court Confirms Jurisdiction to Re-Appoint Receiver and Brings Certainty to Limitation Period for Mortgage Enforcement

The team at Reconstruct reviews an Ontario Superior Court decision confirming that the discharge of a receiver does not prevent a secured creditor from seeking a subsequent receivership where it is just and convenient, while also holding that mortgage enforcement through a receiver-led sale is governed by the 10-year limitation period under the Real Property Limitations Act.

Read more.