https://gowlingwlg.com/ecaapi/en/rss/resource?service=Banking+%26+FinanceGowling WLG Resources RSS Feed8c51779a-ec6c-4fb9-a8dd-a8765989dd4bhttps://gowlingwlg.com/en/insights-resources/client-work/2026/banking-and-finance-team-advises-mercia-asset-management-on-new-financing-facilitiesOur Banking and Finance team advised Mercia Asset Management plc on a new £38 million financing package with Metro Bank, supporting the AIM-listed investment manager's growth strategy.Tue, 18 Aug 2026 00:00:00 Z0313e66a-a75d-41f1-9524-a658a2360d11https://gowlingwlg.com/en/insights-resources/guides/2026/country-guide-2026-restructuring-insolvencyThe Legal 500: Restructuring & Insolvency Country Comparative Guide offers its readers with a pragmatic overview of the law and practice of restructuring & insolvency law across a variety of jurisdictions.Wed, 15 Jul 2026 00:00:00 Z37275661-70b8-4d10-8f8a-e817d036be17https://gowlingwlg.com/en/insights-resources/articles/2026/finance-in-aerospace-and-defenceFinance is becoming a strategic driver of growth, innovation and resilience across aerospace and defence. As programmes grow in scale and complexity, access to capital is shaping competitiveness and long-term success. Discover what's fuelling the future of aerospace and defence.Mon, 13 Jul 2026 00:00:00 Z4a6d5fa9-e018-432b-93c6-02e7f774e8edhttps://gowlingwlg.com/en/insights-resources/client-work/2026/banking-and-finance-team-advises-sanctuary-capital-plcGowling WLG advised Sanctuary Capital plc on its inaugural £350 million sustainability linked issuance under its £2.5 billion EMTN Programme, supporting long-term financial sustainability, investment in existing homes and the delivery of much-needed new affordable housing.Fri, 19 Jun 2026 00:00:00 Ze3d33870-75e1-456c-a4ee-0040de8efd6ahttps://gowlingwlg.com/en/insights-resources/articles/2026/the-status-of-data-centre-development-in-bc-and-albertaOn May 5, 2026, Gowling WLG hosted a panel discussion in Calgary examining the evolving landscape of data centre development in British Columbia and Alberta.Mon, 15 Jun 2026 00:00:00 Z9969823e-3744-4aae-a429-281fbdd89542https://gowlingwlg.com/en/insights-resources/articles/2026/canada-first-sovereign-wealth-fundThe launch of the Canada Strong Fund marks a significant step in Ottawa’s nation-building agenda, with implications that businesses and investors will want to watch closely.Mon, 04 May 2026 00:00:00 Z487d1ea7-1f85-4760-a4e7-8e7fd4547b70https://gowlingwlg.com/en/insights-resources/client-work/2026/energy-transition-team-advises-gmt-on-its-senior-debt-financing-for-biomethane-platformOur Energy Transition team has advised GMT on the development and senior debt financing of a platform of biomethane production facilities across England. Securing £80 million of committed funding, with a further £115 million available for future expansion, the financing supports GMT's growth and expansion of the UK biogas sector.Thu, 16 Apr 2026 00:00:00 Z768f6111-3005-4959-aa63-d798b09fb7a4https://gowlingwlg.com/en/insights-resources/client-work/2026/uab-orkest-partners-and-ncap-acquire-logistics-asset-in-germanyOur Real Estate team in Germany advised UAB Orkest Partners and NCAP on their first German logistics acquisition, supporting the purchase and financing of a fully let, sustainable logistics property in the Rhine‑Main region near Frankfurt.Wed, 15 Apr 2026 00:00:00 Zd3c1e08b-a936-4c18-ba31-a8b433fe4b4dhttps://gowlingwlg.com/en/insights-resources/articles/2026/fca-confirms-motor-finance-redress-scheme-what-you-need-to-know-about-timing-and-eligibilityThe FCA has confirmed its long‑awaited motor finance redress scheme, clarifying who may be compensated, how redress is calculated, and key timelines. We explore what lenders and brokers need to do now, and how to prepare.Tue, 31 Mar 2026 00:00:00 Z1225288e-7c1b-4133-b235-0db7dcb92f71https://gowlingwlg.com/en/insights-resources/articles/2026/built-for-humans-challenged-by-aiWho owns AI‑created brands, and does IP law still work when AI buys for us? Discover the answers at INTA 2026 with global experts and new data.Thu, 05 Mar 2026 00:00:00 Z448f3eeb-e0c1-428c-abe1-925ac14eab1chttps://gowlingwlg.com/en/insights-resources/articles/2026/financing-data-centres-in-canada-a-2026-primerCanada's data centre market is expanding rapidly, driven by the demands of artificial intelligence, cloud computing, and various other factors. This primer summarizes the existing data centres financing playbook and highlights key Canadian legal and commercial considerations.Fri, 13 Feb 2026 00:00:00 Z978765bb-6923-4f45-bd87-b325d9dc18f1https://gowlingwlg.com/en/insights-resources/client-work/2026/financial-services-and-funds-team-advises-pacific-asset-managementOur Financial Services and Funds team advised on the £212 million transaction between Pacific Asset Management and Pinnacle Investment Management. The deal was led by Kris Rogers with specialist support across Funds, Tax and Banking.Thu, 05 Feb 2026 00:00:00 Zeb8ca863-4039-419d-b4fc-ade88ce9c5c6https://gowlingwlg.com/en/insights-resources/articles/2026/2026-will-be-make-or-break-for-financial-innovation-in-canadaAs Canada’s digital and financial services agenda shifts from design to delivery, 2026 will reward those who plan for execution, not just compliance.Fri, 23 Jan 2026 00:00:00 Z89cc9593-b492-4ce9-beb9-d3fe4bab2bcfhttps://gowlingwlg.com/en/insights-resources/client-work/2026/qcp-quantum-capital-partners-supported-on-acquisition-financing-of-marley-deutschland-gmbhQCP Quantum Capital Partners has completed the financing of its acquisition of Marley Deutschland GmbH, positioning the German market leader for growth following its carve‑out and operational transformation.Tue, 20 Jan 2026 00:00:00 Z3315b216-9040-4df2-a0df-18959f15de0dhttps://gowlingwlg.com/en/insights-resources/guides/2025/guide-insolvency-in-canada-2025-law-and-practiceThe Chambers Insolvency 2025 Guide offers an updated overview of insolvency laws across nearly 30 jurisdictions. Gowling WLG’s restructuring and insolvency lawyers contributed the “Law and Practice” chapter for Canada, providing a clear and practical look at the country’s current legal landscape.Wed, 17 Dec 2025 00:00:00 Z75db571d-4353-4077-9438-fb1bcfedfe63https://gowlingwlg.com/en/insights-resources/articles/2025/exploring-the-future-of-money-in-canadaThe federal government has put legislative text on the table that would create the first national framework aimed squarely at Canadian dollar-backed stablecoins.Mon, 15 Dec 2025 00:00:00 Z7a14f5cf-68ae-4eb6-ab57-457770e51ef1https://gowlingwlg.com/en/insights-resources/articles/2025/quebec-court-of-appeal-clarifies-professional-secrecyIn a significant ruling, the Quebec Court of Appeal confirmed that civil courts may decide professional secrecy issues ex parte when the crime exception is raised. The decision strengthens tools available to fraud victims while providing clearer guidance to courts and practitioners.Mon, 01 Dec 2025 00:00:00 Z7e69ca5d-4f34-4ce1-99e2-ae5953d00702https://gowlingwlg.com/en/insights-resources/client-work/2025/banking-and-finance-team-advised-cloudclevr-on-a-new-longterm-funding-partnership-with-natwestOur Banking and Finance team advised CloudClevr, a subsidiary of Rigby Group Technology Investments Ltd on a long-term funding partnership with NatWest. The agreement will drive CloudClevr’s UK growth through organic development and acquisitions.Thu, 27 Nov 2025 00:00:00 Z6aaf3656-4dd7-40db-bc40-27c348342f6bhttps://gowlingwlg.com/en/insights-resources/articles/2025/solvent-liquidations-check-are-you-really-solventThe Noal case reshapes solvent liquidations, confirming that the initial declaration of solvency and ongoing execution of an MVL requires debts, including contingent and prospective debts and liabilities, plus statutory interest, to be paid within 12 months. Organisations should keep this timing under review.Wed, 26 Nov 2025 00:00:00 Z2dd3648c-0651-4949-92df-2234d532f387https://gowlingwlg.com/en/insights-resources/client-work/2025/corporate-energy-transition-team-advises-frontier-powerOur Energy Transition team advised Frontier Power on a £159 million joint venture with Cerberus Capital Management to accelerate UK long-duration energy storage projects under Ofgem’s Cap and Floor regime, securing £44 million initial funding for 16 projects totalling 20GWh capacity.Tue, 04 Nov 2025 00:00:00 Z8257fc4c-38ba-4341-b07e-3e3e2986b58fhttps://gowlingwlg.com/en/insights-resources/articles/2025/can-carney-deliver-canada-financial-services-modernizationCanada's first federal budget under Prime Minister Mark Carney could set the tone for the future of financial services. Will it continue the transformation already underway—or take the country in a new direction?Thu, 18 Sep 2025 00:00:00 Z3828eac8-14d4-477d-b95d-cdaf16abd8a7https://gowlingwlg.com/en/insights-resources/client-work/2025/corporate-team-advises-perwyn-on-landmark-investment-in-outcoOur Corporate team has advised Perwyn Advisors UK Limited on its strategic investment in OUTCO, a UK-based outdoor estate management provider. The deal supports OUTCO’s expansion through organic growth and acquisitions. Backed by Perwyn, OUTCO aims to scale its data-led compliance technology and strengthen its market position across the UK.Mon, 04 Aug 2025 00:00:00 Z123d0190-25b8-4228-a82d-4e6d8bcf0f01https://gowlingwlg.com/en/insights-resources/articles/2025/supporting-growth-what-does-the-uks-industrial-strategy-mean-for-financial-servicesThe Financial Services Growth & Competitiveness Strategy, as part of the UK Government's updated Industrial Strategy, outlines a ten-year plan to revitalise financial services, positioning the UK as a global hub for investment and innovation. It focuses on regulatory reform, FinTech, capital markets, global leadership, and talent development.Fri, 18 Jul 2025 00:00:00 Z28dfc801-c6b6-4341-9477-5e4eeecc1ab8https://gowlingwlg.com/en/insights-resources/client-work/2025/banking-and-finance-team-advises-lenders-on-150-million-financing-of-vaure-wind-farm-projectOur Banking and Finance team in Paris has advised Crédit Industriel et Commercial, Caisse d’Épargne CEPAC, Société Générale, and Banque Palatine on the €150 million financing for the Vaure wind farm, located in the Marne department of France.Mon, 14 Apr 2025 00:00:00 Zedcfe9b5-1873-4920-aa6a-7a05055b55a6https://gowlingwlg.com/en/insights-resources/articles/2025/secured-business-lending-first-nation-reservesLending to businesses on First Nation reserves presents distinct legal and practical considerations — particularly when it comes to secured financing. This article outlines the types of security that may be available in these transactions, with an emphasis on how the Indian Act shapes financing structures and enforcement rights.Tue, 01 Apr 2025 00:00:00 Z3b1d55fc-d5a6-46d9-bfcc-9e920a06d69ahttps://gowlingwlg.com/en/insights-resources/articles/2025/court-grants-first-rvoA recent court decision granted the first-ever reverse-vesting order (RVO) in a Canada Business Corporations Act plan of arrangement, further blurring the lines between corporate and insolvency law.Fri, 07 Mar 2025 00:00:00 Zc9e21fb1-504e-4d20-997e-275a5376dd04https://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-governmentalGovernment entities are another group of specialty borrowers presenting unique circumstances for loan arrangements, as they may be structured and managed in a number of different ways.Thu, 20 Feb 2025 00:00:00 Zf18aa1a3-bdf0-4263-b278-875a87a6adedhttps://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-may-encounter-introWhat are the most common types of entities bankers may encounter?Thu, 20 Feb 2025 00:00:00 Z40a14eae-45b3-4f9d-a7db-baa685e59504https://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-corporationsCorporations are entities created or incorporated by filing articles of incorporation or articles of amalgamation under federal or provincial statutes.Thu, 20 Feb 2025 00:00:00 Z540328e8-f1d5-4a8e-8081-0c356d3acc1bhttps://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-gen-partnerPartnerships can be structured in the form of a general partnership or limited partnership.Thu, 20 Feb 2025 00:00:00 Z3626b57c-3a65-4000-b65c-7af76b948e4dhttps://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-s-proprietorsA sole proprietor is at the opposite end of the spectrum from a corporation. It's the term given to an individual who runs a business in their own personal name or unincorporated business style without using any other vehicle to do so.Thu, 20 Feb 2025 00:00:00 Z97f56b0a-72ac-49a6-a50e-1b750c314958https://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-charities-nfpCharities and not-for-profit entities are another category of borrowers requiring special attention, as each situation can be quite unique.Thu, 20 Feb 2025 00:00:00 Z73fea12f-1a00-49b8-a3e7-aa6c3ed83583https://gowlingwlg.com/en/insights-resources/videos/2023/different-entities-lenders-encounter/different-entities-lenders-encounter-lim-partnerA limited partnership is structured differently from a general partnership in several ways.Thu, 20 Feb 2025 00:00:00 Z6a6d4d37-bc56-4892-a613-29c148b7f391https://gowlingwlg.com/en/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-pack-bank-act-securityBank act security refers to a special set of four security documents that are only available to certain lenders, certain types of borrowers, and to secure certain types of assets.Fri, 14 Feb 2025 00:00:00 Z35791636-6982-419b-9a6e-072beead850chttps://gowlingwlg.com/en/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-introductionEach video in this series will discuss different security that a lender should consider when putting its security package together.Fri, 14 Feb 2025 00:00:00 Z9a85e957-50bb-4beb-b54a-6dc8fd237229https://gowlingwlg.com/en/insights-resources/videos/2023/types-of-securities/designing-a-solid-security-package-principlesA lender takes security in order to have some recourse to seize and sell the borrower's assets if the borrower defaults in the repayment of a loan, or the performance of its other covenants.Fri, 14 Feb 2025 00:00:00 Z058e1cb5-5f5c-4886-990d-00063f6aab6dhttps://gowlingwlg.com/en/insights-resources/videos/2023/types-of-securities/designing-solid-security-pack-limited-guaranteesIn this video, we're going to address a topic we often receive questions about from our lender clients: namely, the strategic use of limited recourse guarantees and limited amount guarantees to secure the repayment of loans.Fri, 14 Feb 2025 00:00:00 Zf9dfe35f-728f-4c57-bfeb-6bb1b1918666https://gowlingwlg.com/en/insights-resources/videos/2023/common-real-estate-queries/common-real-estate-queries-landlord-waiversLandlord waivers are usually sought when a lender is advancing funds to a tenant for the operation of a business at a leased premise or to acquire inventory or equipment that will be located at the leased premise.Mon, 10 Feb 2025 00:00:00 Zbe8962cf-4574-41b0-aa89-f19b3509cbc2https://gowlingwlg.com/en/insights-resources/articles/2025/listed-quoted-company-transactions-2024-in-reviewIn this article, we've put together some of the highlights from throughout 2024, covering floats, secondary fundraises and mergers and acquisitions across a range of different market sectors and services.Wed, 05 Feb 2025 00:00:00 Z3ba7c871-ae17-4552-a09e-dd7e82c52178https://gowlingwlg.com/en/insights-resources/client-work/2025/gowling-wlg-advises-lxt-on-strategic-acquisition-of-clickworker-to-enhance-ai-data-solutionsOur Corporate team in Germany has advised Toronto, Canada, based company, LXT, on its acquisition of clickworker, a company based in Essen, Germany.Wed, 29 Jan 2025 00:00:00 Z1c8dee2c-4d6f-469f-9f53-21733a64915bhttps://gowlingwlg.com/en/insights-resources/articles/2025/canadas-2025-regulatory-outlook-for-financial-services-and-technologyThe year ahead promises to be one of both progress and uncertainty for Canada's financial services industry, as Ottawa endeavors to move the regulatory ball forward against a shifting technological and political landscape.Mon, 20 Jan 2025 00:00:00 Z6809768d-0af7-4e1d-8a09-3dfdc43a63c2https://gowlingwlg.com/en/insights-resources/client-work/2024/gowling-wlg-france-advises-kyotherm-on-long-term-senior-debt-financingGowling WLG France has assisted Kyotherm, an investment company specialising in the co-development, financing, and management of renewable heat production and energy efficiency projects, in securing a €17 million loan from Crédit Agricole Transitions & Énergies.Fri, 29 Nov 2024 00:00:00 Zcb05b2bd-72e3-4d79-bb6a-3af74093be0ahttps://gowlingwlg.com/en/insights-resources/client-work/2024/gladstone-investment-corporation-acquires-pyrotek-special-effectsOn November 21, 2024, Gladstone Investment Corporation (NASDAQ: GAIN), a US-based publicly traded business development company, successfully completed its acquisition of all issued and outstanding shares in the capital of Pyrotek Special Effects Inc.Thu, 21 Nov 2024 00:00:00 Z93cc03eb-a0c1-4b59-a1aa-2e6e26ca8a56https://gowlingwlg.com/en/insights-resources/guides/2024/lending-and-secured-finance-law-in-canada-2024The tenth edition of The Lending and Secured Finance Review includes contributions from leading practitioners across 15 different countries.Thu, 14 Nov 2024 00:00:00 Z438492fe-8568-4f15-acbb-4e7e20dd6c47https://gowlingwlg.com/en/insights-resources/articles/2024/leslie-byberg-on-the-oscLeslie Byberg, in conversation with Gowling WLG partner Adam Garetson, Byberg detailed how the recently formed Strategic Regulation division she leads is at the forefront of the OSC's drive to deepen stakeholder engagement, streamline the path to capital formation and have an ever-greater influence on the future of Canada's capital markets.Wed, 16 Oct 2024 00:00:00 Zff9bb608-0786-4d88-81cc-17e8c14a17c3https://gowlingwlg.com/en/insights-resources/articles/2024/canadas-retail-payment-activities-act-launches-nov-1Starting on November 1, 2024, all Payment Service Providers (PSPs) engaging in retail payment activities in Canada will be required to register with the Bank of Canada.Wed, 09 Oct 2024 00:00:00 Z4815496b-1277-417e-97a3-c8e6342a7d83https://gowlingwlg.com/en/insights-resources/articles/2024/updated-g7-guidance-on-preventing-russian-export-control-and-sanctions-evasionThe G7, in partnership with the Global Export Control Coalition, has released new joint guidance to help industries prevent the diversion of controlled goods and technologies to Russia. This guidance provides Canadian businesses with essential compliance tips, including the Common High Priority List (CHPL), red flag indicators and best practices to mitigate export control and sanctions risks in global trade.Tue, 01 Oct 2024 00:00:00 Z5f20982f-858e-4da7-bb38-e338a34b8840https://gowlingwlg.com/en/insights-resources/guides/2024/country-guide-2024-restructuring-insolvencyExplore Canada's restructuring and insolvency landscape in this Q&A chapter from The Legal 500's Comparative Guide. Authored by Gowling WLG experts, it offers practical insights for navigating corporate restructuring and bankruptcy law.Thu, 18 Jul 2024 00:00:00 Z56a19663-ba30-4384-a814-afdd30ed3ec4https://gowlingwlg.com/en/insights-resources/articles/2024/canada-announces-date-new-criminal-interest-rateAs part of its 2024 budget, the federal government announced its intention to push forward with implementing the proposed changes to the Criminal Code's criminal interest rate provisions. Accordingly, after a period of regulatory review and consultation the federal government has announced that the criminal interest rate changes will come into effect on January 1, 2025.Thu, 04 Jul 2024 00:00:00 Z95a493a0-198d-43cf-8992-6cf60072ba19https://gowlingwlg.com/en/insights-resources/articles/2024/the-canadian-mortgage-charter-a-2024-upliftIn the 2023 Fall Economic Statement, the Government of Canada announced the Canadian Mortgage Charter (“Charter”), which requires federally regulated financial institutions (“FRFIs”) to follow certain principles when engaging in mortgage lending.Thu, 18 Apr 2024 00:00:00 Z84fd898d-cda5-403e-a581-405a0ad9f30bhttps://gowlingwlg.com/en/insights-resources/articles/2024/budget-2024-consumer-driven-banking-frameworkCanada's Consumer-Driven Banking Framework (Framework) was released alongside the 2024 federal budget, and serves as an update to the previously released 2023 Fall Econom-ic Statement: Policy Statement on Consumer-Driven Banking.Wed, 17 Apr 2024 00:00:00 Zde0423ba-6a85-4753-bb8b-413582007531https://gowlingwlg.com/en/insights-resources/articles/2024/embracing-transformation-budget-2024With major investments in innovation, a clearer legislative roadmap for open banking and the introduction of sweeping regulatory reforms, Canada’s 2024 federal budget (Budget 2024), Fairness for Every Generation, aspires to foster a safer, more inclusive and tech-forward financial services sector.Wed, 17 Apr 2024 00:00:00 Zbcb5a55c-1dad-44bf-9614-a12c19667620https://gowlingwlg.com/en/insights-resources/podcasts/2024/the-space-episode-fiveIn the next episode of The Space, we're joined by Navin Prabhakar, partner in our Banking and Finance team. From a long career as a pharmacist to becoming a partner at Gowling WLG, we hear about his role, career transition and journey into law.Wed, 17 Apr 2024 00:00:00 Z882ffd4c-d196-4614-a371-8c43aec63977https://gowlingwlg.com/en/insights-resources/articles/2024/budget-2024-financial-services-technologyBuilding upon the Government of Canada's 2023 Fall Economic Statement (FES 2023) released on Nov. 21, 2023, we are looking ahead to Budget 2024, scheduled for April 16, 2024.Fri, 12 Apr 2024 00:00:00 Z1783561e-2061-495b-a24b-51234b060857https://gowlingwlg.com/en/insights-resources/articles/2024/open-banking-framework-budget-2024Ottawa's long-awaited open banking framework is set to be unveiled in next week's federal budget, with the draft legislation expected to follow later this year. As the anticipation builds, major financial institutions and burgeoning fintech companies are eagerly awaiting answers to several crucial questions that will shape the future of the industry.Wed, 10 Apr 2024 00:00:00 Z8f0c8d18-a856-483c-b76d-ffc42ae6b726https://gowlingwlg.com/en/insights-resources/articles/2024/ontario-budget-2024On March 26, 2024, the Government of Ontario released its 2024 budget: Building a Better Ontario (Ontario Budget 2024).Mon, 08 Apr 2024 12:41:00 Z751890c2-c997-4f96-9aee-b2c855a11e34https://gowlingwlg.com/en/insights-resources/articles/2024/a-timeline-of-open-banking-in-canadaA timeline of the development of open banking in Canada from 2018 to 2025Fri, 15 Mar 2024 00:00:00 Z266160fe-9528-46d4-98ed-616c875aea7bhttps://gowlingwlg.com/en/insights-resources/articles/2024/submit-comments-on-fsras-by-march-8We remind interested parties to submit comments to the Financial Services Regulatory Authority of Ontario's (FSRA) consultation about its proposed approach to strengthen the protection of vulnerable consumers in its regulated sectors (Proposed Approach). FSRA has requested comments on the Proposed Approach by March 8, 2024.Wed, 28 Feb 2024 00:00:00 Z650b9514-a8ad-4e8b-9655-980be698c85dhttps://gowlingwlg.com/en/insights-resources/articles/2024/osfi-final-integrity-and-security-guidelineFollowing a short consultation period, the Office of the Superintendent of Financial Institutions released its final Integrity and Security Guideline on Jan. 31, 2024.Thu, 22 Feb 2024 15:48:00 Z69eb7638-09ea-4ce0-a49f-6329b9e31b4dhttps://gowlingwlg.com/en/insights-resources/articles/2024/criminal-interest-rate-overhaulOn Dec. 23, 2023, the federal government released the proposed Criminal Interest Rate Regulations (Regulations) in the Canada Gazette, which have the effect of reducing the criminal interest rate under section 347 of the Criminal Code.Wed, 24 Jan 2024 13:30:00 Z4a2489d5-4959-4dbc-8afd-7d368925d78fhttps://gowlingwlg.com/en/insights-resources/articles/2024/osfi-consultation-on-model-risk-guidanceRecently, the Office of the Superintendent of Financial Institutions (OSFI) launched a consultation on its draft Guideline E-23: Model Risk Management (Draft Guideline E-23), as announced in OSFI's Annual Risk Outlook for 2022-2023.Mon, 15 Jan 2024 13:59:00 Z055edba3-6332-4c20-80bc-8bb2a629332chttps://gowlingwlg.com/en/insights-resources/guides/2023/guide-insolvency-in-canada-2023-law-and-practiceOut now, the Chambers and Partners Insolvency 2023 Global Practice Guide is a resource for legal and non-legal professionals to learn about the differing legal regimes that apply to business restructurings, reorganisations, rehabilitations, insolvencies and liquidations in 44 jurisdictions.Wed, 13 Dec 2023 00:00:00 Z9334b1f3-9fde-4de2-a89a-3d492a44fdf3https://gowlingwlg.com/en/insights-resources/client-work/2023/hsbc-uk-bank-plc-funding-pharmacies-acquisitionThe Banking and Finance team has supported HSBC UK Bank plc on its funding of pharmacy business Jhoots' acquisition of 36 community pharmacies. With the sites covering a large swathe of the UK, the acquisition was made feasible by a bespoke funding package provided by the bank.Mon, 04 Dec 2023 11:13:00 Z070c7f98-0388-49d9-b72c-3114093135d1https://gowlingwlg.com/en/insights-resources/articles/2023/financial-services-sector-announcements-in-2023On Nov. 21, 2023, the Government of Canada released its 2023 Fall Economic Statement (FES 2023). Although FES 2023 contained no new draft legislation relevant to the government’s oversight of the financial services sector, FES 2023 contained a number of important announcements for the sector described in greater detail below.Mon, 27 Nov 2023 14:18:00 Zea72c16d-864e-402e-8b15-fc27b444e134https://gowlingwlg.com/en/insights-resources/articles/2023/osfi-consultations-guideline-revised-e-21The OSFI launched consultations for two guidelines as part of its increasing focus on non-financial risks. Both draft guidelines will apply to all federally regulated financial institutions (FRFIs). Stay in the know with our latest OSFI update.Wed, 08 Nov 2023 14:44:00 Z54c97e8b-d784-4a3c-b5e4-cd13408660fahttps://gowlingwlg.com/en/insights-resources/articles/2023/moving-the-dial-in-financial-servicesIn September 2023, the FCA and PRA published their long-awaited consultation papers on D&I for FCA-regulated and PRA-regulated firms, respectively. In this article, we set out the background to the consultations, summarise the key proposals for the FCA and PRA, respectively, and outline next steps for firms.Thu, 02 Nov 2023 14:56:00 Z6cb4a632-2989-4344-ae22-99216879921dhttps://gowlingwlg.com/en/insights-resources/client-work/2023/perwyn-private-equity-partnership-with-iampropertyA cross firm team has advised Perwyn on its new private equity partnership with property technology provider, iamproperty.Fri, 27 Oct 2023 00:00:00 Z4d1bb6d3-6d6e-4b12-b7da-0cfe0efdbe1dhttps://gowlingwlg.com/en/insights-resources/articles/2023/issb-new-sustainability-standards-may-impact-loansHow can lenders prepare for the ISSB's new sustainability standards? Learn about how Guideline B-15 may influence loan agreements as organizations begin integrating sustainability details into financial reporting.Mon, 23 Oct 2023 00:00:00 Z3ea4da9a-dbcc-4da9-8ed1-c2538382e3d9https://gowlingwlg.com/en/insights-resources/articles/2023/gst-removed-on-new-rental-buildingsOn Sept. 14, 2023, Prime Minister Justin Trudeau announced that the federal government is removing Goods and Services Tax (GST) on new purpose-built rental housing in order to incentivize construction of much-needed rental homes for Canadians.Thu, 21 Sep 2023 13:58:00 Z1121baff-2039-4156-a2b2-1a3d98aa65d1https://gowlingwlg.com/en/insights-resources/client-work/2023/advising-white-star-capitalThe Investment Funds and Finance teams are proud to have assisted White Star Capital, a global multi-stage technology investment firm that invests in exceptional entrepreneurs building ambitious, international businesses, on the first close of its Structured Growth Capital Fund. This is a new hybrid investment strategy that combines credit and equity capabilities.Mon, 18 Sep 2023 00:00:00 Z61790971-d324-46ad-93ba-af97a9d5f8b5https://gowlingwlg.com/en/insights-resources/articles/2023/ripe-or-rottenCanadian insolvency law currently offers little protection to perishable fruits and vegetable suppliers in the event of an insolvency or bankruptcy of a purchaser of such products.Thu, 14 Sep 2023 00:00:00 Z9242b195-0dac-4b47-8504-0aaa196ab299https://gowlingwlg.com/en/insights-resources/reports/2023/building-an-esg-framework-for-sustainable-successOur guide, 'ESG: The investor perspective', aims to provide businesses with practical insights to improve their ESG strategies and take the right approach for tomorrow's world.Tue, 12 Sep 2023 00:00:00 Z32dc0515-125e-4dfd-a4a2-39821e57bea9https://gowlingwlg.com/en/insights-resources/articles/2023/amendments-alberta-personal-property-security-actComing into force on June 1, 2024, are amendments to the Alberta Personal Property Security Act (PPSA) and regulations pursuant to the proclamation of the Red Tape Reduction Statutes Amendment Act, 2023, c. 5.Tue, 05 Sep 2023 00:00:00 Z2cc6c29a-79c9-4cd6-8f11-9ecb0b0ecb80https://gowlingwlg.com/en/insights-resources/reports/2023/critical-minerals-role-in-global-energy-transitionThe worldwide quest to decarbonise the economy is driving unprecedented demand for electric vehicles and the critical minerals needed to power them, and Canada is perfectly placed to thrive.Thu, 31 Aug 2023 19:02:00 Zd01ace09-5f22-4f66-bb39-4bb5b00dde8bhttps://gowlingwlg.com/en/insights-resources/articles/2023/bitcoin-file-format-possibly-copyrightableDr. Craig Wright - the Australian businessman who claims to be the creator of the Bitcoin system successfully appealed a UK High Court decision that denied his request to serve a copyright infringement claim on defendants outside of the UK.Wed, 23 Aug 2023 00:00:00 Ze7168ea2-445c-4a2e-8a88-7ca1de0ddb53https://gowlingwlg.com/en/insights-resources/client-work/2023/andrada-mining-limited-funding-packageWe have advised African technology metals mining company Andrada Mining Limited, on its $25 million funding package with Orion Resource Partners to develop its Uis mine in Namibia.Thu, 17 Aug 2023 00:00:00 Z6cc91fb1-837c-4b07-ad1d-206564605818https://gowlingwlg.com/en/insights-resources/articles/2023/osfi-launches-consultation-on-cryptoasset-exposureOn July 26, 2023, the Office of the Superintendent of Financial Institutions (OSFI) launched a consultation by releasing two draft guidelines on the regulatory capital treatment of crypto-asset exposures: one draft guideline for federally regulated deposit-taking institutions, and another draft guideline for federally regulated insurance companies.Mon, 14 Aug 2023 00:00:00 Z5e5998f1-3b44-479b-826d-379d98ebfc86https://gowlingwlg.com/en/insights-resources/articles/2023/global-framework-for-digital-asset-regulationGlobal framework for digital asset regulation: Financial Stability Board releases final recommendationsMon, 31 Jul 2023 00:00:00 Ze3d30153-2a0f-4fc6-a558-589c3f002f9chttps://gowlingwlg.com/en/insights-resources/client-work/2023/timeframe-shareholders-advised-on-stock-saleOur team in Frankfurt has advised shareholders of timeframe on the company's sale to Transcom, a global leader in digital customer experience solutions.Fri, 21 Jul 2023 00:00:00 Z41afeac9-f3ff-4739-9229-a9fcb13f95bahttps://gowlingwlg.com/en/insights-resources/articles/2023/why-do-your-esg-credentials-matter-to-investorsIn this article, we explore the key reasons why your ESG credentials matter more now to investors than ever before. We delve into how ESG factors have, over time, become a driving force for investor activity, and what this means for your business now and in the future.Tue, 06 Jun 2023 00:00:00 Zf71d3682-d226-4844-875a-5051c881d55fhttps://gowlingwlg.com/en/insights-resources/client-work/2023/gresham-house-renewable-energy-vcts-saleA cross firm team has advised venture capital trusts Gresham House Renewable Energy VCT 1 and VCT 2 plc, which invest in a portfolio of renewable energy projects in the UK, on their sale of UK Solar Assets to Downing Renewables & Infrastructure Trust plc.Thu, 27 Apr 2023 00:00:00 Z09626811-df82-4736-ae43-3555bd2a1847https://gowlingwlg.com/en/insights-resources/articles/2023/distressed-retail-assets-opportunitiesWhat should businesses bear in mind when considering an opportunity to acquire the business or assets of failing and insolvent retailers in the UK? Our Restructuring & Insolvency team shares their top practical steps.Tue, 18 Apr 2023 07:47:00 Z3ca2ec06-c870-4d41-8821-bce5fbfce95bhttps://gowlingwlg.com/en/insights-resources/articles/2023/federal-government-publishes-sustainable-taxonomyThis report is likely to feed into other federal measures that are aimed at a net-zero economy. Lenders and other participants in the Canadian financial market will benefit from counsel who are educated on these developments in order to remain competitive.Mon, 13 Mar 2023 00:00:00 Z50d26ab5-648e-42cf-9dfd-0d258e0968fehttps://gowlingwlg.com/en/insights-resources/articles/2023/ontario-court-rejects-reverse-vesting-orderIn the matter of CannaPiece Group Inc et al, 2023 ONSC 841, for the first time in Ontario since the Court's guidance in Harte Gold, Justice Osborne refused to grant an approval and vesting order that included an RVO.Fri, 17 Feb 2023 15:56:00 Zc8460c03-3ae6-4131-aac8-820fe1937c1bhttps://gowlingwlg.com/en/insights-resources/videos/2022/influencers-in-torontoIn this series, you will meet a number of practitioners in our Toronto office who have helped their clients overcome a variety of complex legal obstacles.Thu, 09 Feb 2023 18:59:00 Z1e5ba26f-9d9b-43b1-a1b4-cf7b11bb4960https://gowlingwlg.com/en/insights-resources/client-work/2023/cairngorm-capital-partners-major-m-a-dealA health-sector focused team from Gowling WLG has assisted Cairngorm Capital Partners LLP (Cairngorm Capital) on the merging of its portfolio company, E-zec Medical Transport Services (E-zec) with ERS Transition Limited (trading as ERS Medical).Fri, 03 Feb 2023 00:00:00 Za6066a64-6d72-4db7-9070-ba513e4fb097https://gowlingwlg.com/en/insights-resources/client-work/2022/pacific-green-acquisition-of-sheaf-energyThe Energy team has advised Pacific Green Energy Storage on its acquisition of Sheaf Energy Limited, a Kent, England-based 249 MW battery energy storage system development developed by UK-based energy originator, Tupa Energy.Fri, 23 Dec 2022 00:00:00 Z03d5c580-285d-458c-b94c-a8a82594560ahttps://gowlingwlg.com/en/insights-resources/articles/2022/biodiversity-risk-key-commonwealth-recommendationsThe UN Biodiversity Conference (COP 15) is putting a spotlight on biodiversity risk worldwide. While Montreal is playing host to countries and the conservation community worldwide, what are the implications for companies and boards of directors?Tue, 13 Dec 2022 00:00:00 Z68ee6e10-31d4-4227-a24f-0ac76da160adhttps://gowlingwlg.com/en/insights-resources/guides/2022/guide-insolvency-in-canada-2022-trendsOriginally part of a 44 jurisdiction Global Practice Guide by Chambers and Partners, this section on Insolvency in Canada has been republished with permission. The guide provides the latest legal information on restructuring, insolvency and more.Mon, 12 Dec 2022 00:00:00 Z0bdbff24-d58c-4774-85f4-1e95022a0356https://gowlingwlg.com/en/insights-resources/client-work/2022/kyotherm-advised-on-lecta-financing-agreementOur Banking and Finance team in France has advised investment company Kyotherm on a EUR 45 million financing agreement with Lecta, a leading European paper manufacturer and distributor.Tue, 06 Dec 2022 00:00:00 Z1826dd01-a019-4f81-8128-dc3b326919echttps://gowlingwlg.com/en/insights-resources/articles/2022/bill-c-228-problem-defined-benefit-pension-planCanadian insolvency statutes accord super priority to certain liabilities in insolvency proceedings, bumping them above the interests of secured creditors. Pension entitlements and benefits do not enjoy this super priority. Bill C-228 attempts to change this.Wed, 30 Nov 2022 00:00:00 Z092f364c-9549-49c0-9e66-25f3e51e05a2https://gowlingwlg.com/en/insights-resources/on-demand-webinars/2022/financing-strategies-for-growthOur speakers unpack the opportunities and limitations associated with different financing strategies, and provide practical tips to help you determine the optimal path forward for your organization.Tue, 22 Nov 2022 00:00:00 Zb7de87fa-4e00-4622-8a3e-b328e7ff6ae4https://gowlingwlg.com/en/insights-resources/articles/2022/provable-debts-in-insolvent-estatesThere has been a spate of energy supplier insolvencies in recent years. In this article we explore the treatment of two types of debt which are peculiar to energy suppliers.Wed, 16 Nov 2022 00:00:00 Z13c97f00-049c-49bb-857a-91757ad8e1a3https://gowlingwlg.com/en/insights-resources/articles/2022/businesses-need-clarification-on-metaverseThis article discusses why enthusiasm for the metaverse is mixed across the world and what needs to be done to encourage more hesitant countries to harness its potential.Mon, 14 Nov 2022 00:00:00 Z98e3b4dd-eff1-4ab0-950c-3388b698ccf7https://gowlingwlg.com/en/insights-resources/articles/2022/secured-lending-and-the-2022-ucc-amendmentsThe increasing popularity and support for digital assets, the adoption and introduction of cryptocurrencies by various governments, and the widespread use of digital assets for donations, purchases, and the like have all helped to centre digital assets in the minds of investors.Thu, 20 Oct 2022 13:55:00 Zfe51db35-33fe-4b27-8c7c-49a9dca71d03https://gowlingwlg.com/en/insights-resources/articles/2022/creditor-duty-faqs-what-directors-need-to-knowFollowing the Supreme Court's decision in BTI vs Sequana SA & others, we answer the FAQs on duties owed to creditors by directors of distressed companies and discuss what the outcome means for creditors and businesses facing insolvency.Wed, 19 Oct 2022 10:30:00 Z7a18918e-7688-487a-977b-7fec39f4ff63https://gowlingwlg.com/en/insights-resources/client-work/2022/greenfield-ppa-financings-in-franceOur Banking & Finance team in Paris has advised BPCE ENERGECO in connection with the financing of a 15.9 MWc solar farm under construction in Pézènes-les-Mines (Hérault,France), operated by BORALEX.Mon, 03 Oct 2022 00:00:00 Zc139e17b-fe03-4491-aa37-02c7428e639dhttps://gowlingwlg.com/en/insights-resources/articles/2022/bond-rescission-shakes-ontario-constructionThe Ontario Court of Appeal sent ripples through the construction industry when it recently ruled in Urban Mechanical Contracting Ltd v Zurich, 2022 ONCA 589, that a bond issuer may rescind a bond agreement on the basis of fraudulent misrepresentations and collusion, even if rescinding the bond agreement would affect the rights of innocent third parties.Mon, 29 Aug 2022 00:00:00 Zefd54649-64c0-4f33-bb30-184949d3ee35https://gowlingwlg.com/en/insights-resources/client-work/2022/paris-banking-finance-team-advises-clarionOur Paris Banking & Finance team has advised investor Clarion Partners Europe Limited on supporting fund Clarion Europe Logistics V on its acquisition and financing of a logistics asset in a future state of completion through a Société Civile Immobilière (SCI) from Quartus Logistique.Thu, 18 Aug 2022 00:00:00 Z93512271-1b12-459e-9451-f3e1e9006701https://gowlingwlg.com/en/insights-resources/client-work/2022/paris-team-advises-caisse-d-epargne-grand-est-euroOur Banking & Finance team in Paris has advised Caisse d'Épargne Grand Est Europe on a 18.3 million euro loan agreement with French real estate investment company Iroko zen.Fri, 12 Aug 2022 00:00:00 Z384b6a37-4b11-4dfa-89f5-ef4314ad7ec5https://gowlingwlg.com/en/insights-resources/guides/2022/trade-secrets-guide-uk-2022-trends-developmentsUK trade secret law has been the subject of a number of significant updates. We take a look at the latest trends and developments including the rise of AI, increase in demand and the UK's implementation of the EU's trade secrets directive.Wed, 03 Aug 2022 00:00:00 Zeed3f2e6-ccfa-4037-9294-6b1b02e51158https://gowlingwlg.com/en/insights-resources/client-work/2022/paris-advise-caisse-d-epargne-grand-est-europeOur Banking & Finance team in Paris has advised Caisse d'Epargne Grand Est Europe on its 34 million euro loan agreement with Proudreed Group, a subsidiary of Paris Properties Développement.Wed, 13 Jul 2022 00:00:00 Z15547185-464c-461c-92f9-8bd25f688083https://gowlingwlg.com/en/insights-resources/videos/2022/influencers-in-toronto-parna-sabet-stephensonWidely recognized for her experience in all aspects of outsourcing, technology law, and e-commerce, she also advises on the legal implications of emerging technologies, including blockchain and the Internet of Things.Fri, 08 Jul 2022 16:19:00 Za9316116-5c14-4add-abbd-d3f93e490826https://gowlingwlg.com/en/insights-resources/articles/2022/when-your-guarantor-is-outside-canadaGuarantees can be challenging enough when the party granting the guarantee is located in Canada, where legal remedies are accessible. It becomes more challenging when the guarantor is located outside Canada.Thu, 07 Jul 2022 12:17:00 Z000ca133-cf1c-4b84-b20c-09a02a633addhttps://gowlingwlg.com/en/insights-resources/client-work/2022/cross-firm-team-advises-h-t-on-acquisitionA cross firm team has advised H&T Group plc, the UK's largest pawnbroker and growing retailer of new and pre-owned jewellery and watches on its acquisition of watch servicing and repair centre, Swiss Time Services Limited.Tue, 05 Jul 2022 08:14:00 Z7bc464ee-550b-484d-a470-7c6f830e2e17https://gowlingwlg.com/en/insights-resources/articles/2022/scope-of-regulation-for-buy-now-pay-laterIn February 2021, Her Majesty's Treasury (HMT) announced its intention to regulate interest-free Buy Now Pay Later (BNPL) credit products. The consultation period for HMT's Consultation Paper on the Regulation of BNPL closed on 6 January 2022 and in June 2022, HMT published its Response to the Consultation. In this Insight, Sushil Kuner from our Financial Services Regulatory team, summarises the key responses on the scope of regulation and highlights the Government's next steps.Tue, 05 Jul 2022 08:07:00 Z47217746-0524-4bbf-9ccb-91cf21e2433dhttps://gowlingwlg.com/en/insights-resources/client-work/2022/revolving-loan-grant-to-exel-industriesOur Banking & Finance team in Paris has advised Caisse d'Epargne Grand Est Europe on a 12 million euro revolving credit agreement to listed international family group and leader in agricultural and industrial spraying Exel Industries to support its CSR objectives.Wed, 29 Jun 2022 00:00:00 Zeb1bd2bb-bc3e-479c-a87f-95efb45b559bhttps://gowlingwlg.com/en/insights-resources/articles/2022/canada-s-critical-infrastructure-cybersecurity-lawJune 14, 2022 marked a watershed moment in Canadian data protection history: the first reading of a federal cyber security law of general application aimed at protecting critical infrastructure.Mon, 20 Jun 2022 00:00:00 Z19d0dc29-f5c3-43f4-817c-2f2b3c5bb1cbhttps://gowlingwlg.com/en/insights-resources/on-demand-webinars/2022/practical-legal-essentials-fix-forbear-or-exitBankers must frequently contend with events of default, reservations of rights, waivers, forbearances and restructurings with a mind to not aggravating the borrower's troubled situation.Fri, 03 Jun 2022 00:00:00 Z48e930b2-c677-41c6-8458-b4b631a1dc8fhttps://gowlingwlg.com/en/insights-resources/articles/2022/canada-anti-money-laundering-framework-regulationOn April 5, 2022, changes affecting the Canada's anti-money laundering legislation, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, S.C. 2000 c 17 (the "PCMLTFA"), were published in the Gazette.Mon, 09 May 2022 00:00:00 Z1302ed80-46fb-4f9c-bd08-bed9726c2067https://gowlingwlg.com/en/insights-resources/guides/2022/lending-and-secured-finance-law-in-canadaA resource for legal and non-legal professionals to learn more about the lending and secured finance laws and regulations in 18 jurisdictions.Tue, 12 Apr 2022 00:00:00 Z62a50abd-9825-41db-a0f5-c68eb4f9365fhttps://gowlingwlg.com/en/insights-resources/on-demand-webinars/2022/third-annual-cross-institutional-lending-conferencOn Feb. 8, 2022, Gowling WLG hosted a webinar that highlighted insights for secured lending transactions.Thu, 24 Feb 2022 20:58:00 Zcb1e7996-cb07-4da3-bb1e-41d94abc3f0chttps://gowlingwlg.com/en/insights-resources/articles/2022/the-national-security-investment-act-2021Key legislation entered into full force on 4 January 2022, with the potential to affect finance transactions.Wed, 16 Feb 2022 12:49:00 Zc4cc028b-1dc9-4b1f-a99b-452d3f49c847https://gowlingwlg.com/en/insights-resources/client-work/2022/quantum-automotive-acquires-honda-duboisOn February 2, 2022, Quantum Automotive Group ("Quantum") completed the acquisition of a Honda dealership in Woodstock, Ontario. The transaction involved the purchase of 100% of the share capital of the operating company, 1247843 Ontario Inc. (d.b.a Honda Dubois), and the real estate holding company, Dubois Automotive Realty Inc., through Quantum's subsidiaries Quantum Automotive Woodstock Incorporated, Quantum Realty Woodstock Incorporated and Questerra Development Incorporated.Wed, 02 Feb 2022 00:00:00 Z8e13e8b9-e190-4507-a521-62ffae150c51https://gowlingwlg.com/en/insights-resources/client-work/2022/management-buyout-of-inbox-insightGowling WLG's private equity team has advised UK SME investor Mobeus on its £17.7m investment in relation to the management buyout of B2B marketing company Inbox Insight.Wed, 12 Jan 2022 00:00:00 Za47eed77-9cbc-496f-8bb9-4015f9b0ce84https://gowlingwlg.com/en/insights-resources/client-work/2022/gowling-wlg-advise-tristan-capital-partnersOn 10 December 2021, EPISO 5, a fund managed by Tristan Capital Partners, acquired through an OPPCI the real estate company SCI Liberté from two French institutional investors.Tue, 04 Jan 2022 00:00:00 Zcd60fcaa-2965-43a8-9e9b-5624a8f9270chttps://gowlingwlg.com/en/insights-resources/client-work/2021/novatech-acquires-sunview-patio-doorsOn December 15, 2021, Novatech Group, a Canadian leader in the manufacturing of components for the windows and doors industry, announced the acquisition of Ontario-based Sunview Patio Doors located in Woodbridge, a major manufacturer of vinyl and aluminum patio doors. This is the fifth major acquisition made by the group since 2015.Wed, 15 Dec 2021 00:00:00 Z18693aba-b568-47e6-9ec8-2b8ec7b7ea07https://gowlingwlg.com/en/insights-resources/guides/2021/guide-insolvency-in-canada-2021-trendsOriginally part of a 49 jurisdiction Global Practice Guide by Chambers and Partners, this section on Insolvency in Canada has been republished with permission. The guide provides the latest legal information on restructuring, insolvency and more.Fri, 03 Dec 2021 00:00:00 Z63772ca5-bb91-4dd0-b1ff-c9eff415d22fhttps://gowlingwlg.com/en/insights-resources/client-work/2021/bionorth-energy-completes-acquisitionOn December 2, 2021, BioNorth Energy Limited Partnership ("BioNorth Energy") announced it had completed its acquisition of the Fort St. James Green Energy Project located in Northern British Columbia. The new Indigenous-Industry partnership will build a sustainable clean energy operation, creating local jobs, supporting regional economic development, and meeting provincial demand for renewable power.Thu, 02 Dec 2021 00:00:00 Z87f37356-d28d-4e1f-89d1-e22a4093d69ehttps://gowlingwlg.com/en/insights-resources/articles/2021/securing-funding-with-nftsNon-fungible tokens ("NFTs") have revolutionized how artists sell their art; now, artists are hoping that NFTs can revolutionize how they fund their art.Wed, 01 Dec 2021 18:27:00 Z1225cd66-ad13-4fc7-af30-2901598382b4https://gowlingwlg.com/en/insights-resources/client-work/2021/secondary-lbo-financing-of-hussorGowling WLG advised senior lenders on secondary LBO financing of HussorWed, 01 Dec 2021 00:00:00 Zb0becfec-5702-4f77-a674-bb06974a4f68https://gowlingwlg.com/en/insights-resources/articles/2021/us-increase-regulatory-focus-financial-cyber-riskThe Office of the Superintendent of Financial Institutions (OSFI) has announced a public consultation on Draft Guideline B‑13: Technology and Cyber Risk Management. When finalized, B-13 will join OSFI's existing cyber security-related guidelines and tools, which include Guidelines E‑21 (Operational Risk Management), B‑10 (Outsourcing of Business Activities, Functions and Processes), its Technology and Cyber Security Incident Reporting Advisory, and its Cyber Security Self-Assessment tool.Fri, 26 Nov 2021 00:00:00 Z56999b2b-abb6-4a5c-ad42-c34bdc00d524https://gowlingwlg.com/en/insights-resources/articles/2021/hydrogen-can-project-finance-fuel-investmentIn this article we discuss the current funding model for hydrogen projects, the potential benefits of a project finance model and what other factors will be integral to the successful development of the hydrogen energy market.Thu, 18 Nov 2021 13:53:00 Zf8759569-81d5-42da-9999-2b712ba93f2dhttps://gowlingwlg.com/en/insights-resources/videos/2021/influencers-in-toronto-spotlight-on-mark-ledwellIn this interview with partner Scott Jolliffe, Mark shares some of the most memorable and rewarding experiences from his 35-year career of practising law across Canada and the UK.Mon, 08 Nov 2021 20:25:00 Zda847668-e54b-4da9-b3b2-397aee28b83fhttps://gowlingwlg.com/en/insights-resources/articles/2021/what-is-crypto-lendingDavid Cohen & Thomas Gertner discuss the rise of digital currencies in commercial lendingFri, 05 Nov 2021 00:00:00 Z5e9fdaa6-dfb6-4c85-a8e8-9a461fe4e71ehttps://gowlingwlg.com/en/insights-resources/articles/2021/speed-and-volume-of-transactions-in-house-counselIn this Q&A, Christopher Alam, leader of the firm's national Lending Group, shares industry insights and advice on how to mitigate risks.Mon, 18 Oct 2021 19:12:00 Z7521af5e-81aa-40cc-8f95-d203b0211ad9https://gowlingwlg.com/en/insights-resources/client-work/2021/zzoomm-plc-investment-in-million-debt-packageGowling WLG banking and finance experts have advised Zzoomm plc on its investment in a £100 million debt package.Thu, 07 Oct 2021 00:00:00 Zbdf5ef50-b85e-4d02-b943-976830b5998dhttps://gowlingwlg.com/en/insights-resources/videos/2021/influencers-in-toronto-spotlight-on-david-cohenDavid discusses the changes and trends he has seen while practising in the financial sector for over 30 years.Wed, 06 Oct 2021 20:25:00 Zda1db697-3f45-4b2a-bd26-66766c1c38dfhttps://gowlingwlg.com/en/insights-resources/client-work/2021/triple-point-places-sustainability-loan-notesInternational law firm Gowling WLG has advised Triple Point Social Housing REIT plc "Triple Point" on the placing of £195 million Loan Notes.Tue, 14 Sep 2021 08:17:00 Z25d878c8-a945-4018-bd2c-17908dd49939https://gowlingwlg.com/en/insights-resources/articles/2021/cancellation-clause-in-lending-contractThe recent Marshallzehr decision emphasizes the importance of careful contract drafting as the Ontario Court of Appeal upholds a cancellation clause in a lending agreement.Wed, 11 Aug 2021 18:03:00 Z7a20a6ab-6e9d-487e-a939-e426f44e8c0dhttps://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-finncap-on-aim-transactionGowling WLG has advised finnCap, as financial adviser to Cambria Bidco Limited on its recommended cash offer for AIM listed company,Thu, 05 Aug 2021 00:00:00 Z785ce42b-cf7c-4074-ab0f-09ea2bbc24a0https://gowlingwlg.com/en/insights-resources/videos/2021/influencers-in-toronto-spotlight-on-chris-alamChristopher Alam discusses how AI plays a valuable role in the lending practice and the advantages the technology provides to clients who use it.Wed, 04 Aug 2021 20:16:00 Z6d89dd30-071e-4d5b-b6d8-6166958ff630https://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-draper-esprit-on-its-main-markGowling WLG has advised Draper Esprit on its move to the Main Market of the London Stock Exchange and the regulated market of the Irish Stock Exchange from AIM and Euronext Growth.Fri, 23 Jul 2021 10:18:00 Z7f198d7d-9de0-4800-be1f-db7e5ff29acchttps://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-clarion-partners-europeGowling WLG (France) is pleased to have once again advised Clarion Partners Europe on a €30 million senior development loan and a circa €8 million VAT facility.Wed, 23 Jun 2021 00:00:00 Zafba0194-9296-40d9-9582-a6368d343727https://gowlingwlg.com/en/insights-resources/on-demand-webinars/2021/esg-and-green-loansJoin Gowling WLG and BMO Canadian Commercial Banking as they discuss emerging trends in ESG, sustainable finance and green lending in Canada.Tue, 08 Jun 2021 00:00:00 Zbe4392a5-aa0c-4e22-a590-19f97c290ceehttps://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-on-40-million-cross-border-fiGowling WLG is pleased to have advised UK-based GuarantCo., part of the Private Infrastructure Development Group (PIDG), on a $40-million CDN repayable contribution from Global Affairs Canada (GAC) in support of sustainable infrastructure credit solutions across Africa and Asia.Mon, 31 May 2021 00:00:00 Zbaa11abb-45a8-466c-9b3f-4a86b5876649https://gowlingwlg.com/en/insights-resources/articles/2021/regulation-of-pre-pack-administrationsA pre-pack administration can offer a good option for rescuing an insolvent business when used correctly. However, a limited number of cases have highlighted concerns over issues such as transparency in the sale process and the potential for poor outcomes for unsecured creditors, particularly where connected parties are involved. The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021 aim to provide greater rigour to the pre-pack process and will come into force on 30 April 2021.Thu, 29 Apr 2021 08:11:00 Z048e7eef-d357-4099-8880-e9252f8c4d11https://gowlingwlg.com/en/insights-resources/on-demand-webinars/2021/preparing-for-the-end-of-liborWhere do you start and how can you plan effectively for the end of LIBOR? In this ThinkHouse session members from our Banking and Finance team help you prepare.Wed, 28 Apr 2021 00:00:00 Z0981fb7f-71c5-4e61-8a9b-2d1f98715690https://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-gcp-infrastructure-investmentsInternational law firm Gowling WLG has advised GCP Infrastructure Investments Limited (GCP) on its new secured £165m Revolving Credit Facility (RCF).Wed, 31 Mar 2021 00:00:00 Zb7747365-2330-488c-a5bc-314357d9bb10https://gowlingwlg.com/en/insights-resources/client-work/2021/triple-point-advised-on-series-of-investmentsInternational law firm Gowling WLG has advised Triple Point Energy Efficiency Infrastructure Company plc (TEEC) on completing £21 million of senior debt finance into Harvest and Glasshouse.Tue, 23 Mar 2021 00:00:00 Zed6e70bb-6e64-4ed9-b9dc-63e5abad4c54https://gowlingwlg.com/en/insights-resources/podcasts/2021/the-employment-lifecycle-smcr-investigationsGetting to grips with the changes that have been brought in as a result of the SMCR for all FCA regulated businesses is not easy. This is a bonus episode where we discuss running an effective investigation in an SMCR context.Wed, 10 Mar 2021 14:45:00 Z94b215dd-ba5f-45d6-8045-ad66c0f2843bhttps://gowlingwlg.com/en/insights-resources/podcasts/2021/the-employment-lifecycle-smcr-cultureIn the sixth episode of our employment and SMCR podcast series we explore the ever present question of culture.Tue, 16 Feb 2021 09:18:00 Z75ac8624-7751-4926-abb6-271c60acd3bbhttps://gowlingwlg.com/en/insights-resources/client-work/2021/gowling-wlg-advises-eelpower-on-jv-with-susiGowling WLG's Energy team has advised UK energy storage developer, owner and operator Eelpower on securing a multi-asset agreement with Swiss sustainable energy infrastructure fund manager SUSI Partners.Thu, 28 Jan 2021 00:00:00 Zffa99673-955a-4c92-af02-02fe8f9f6057https://gowlingwlg.com/en/insights-resources/articles/2021/alternative-mine-financingProduction linked lending has become a staple of mining finance - particularly for base and precious metals. The two dominant production linked models are often described as Royalty arrangements and Streaming arrangements.Tue, 05 Jan 2021 09:39:00 Z9dd3cde1-8828-4c02-88a0-f10855075519https://gowlingwlg.com/en/insights-resources/podcasts/2021/the-month-in-pensions-december-2020The Month In Pensions – December 2020: Pensions in 2021 – key trends and developmentsWed, 30 Dec 2020 00:00:00 Zb9176c9e-5dfa-4be7-bdbd-95b4c7489113https://gowlingwlg.com/en/insights-resources/client-work/2020/rocky-mountain-equipment-completes-transactionOn December 22, 2020, Rocky Mountain Equipment Alberta Ltd. (formerly Rocky Mountain Dealerships Inc.) ("RME") (TSX: RME) announced the completion of its previously announced acquisition by 2223890 Alberta Ltd. ("AcquireCo"), which was implemented through a Court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta).Tue, 22 Dec 2020 00:00:00 Za363e1ba-ef9e-44ff-a6c8-9044b10522c4https://gowlingwlg.com/en/insights-resources/podcasts/2020/the-employment-lifecycle-through-a-smcr-lens-fiveGetting to grips with the changes that have been brought in as a result of the Senior Managers and Certification Regime (SMCR) for all FCA regulated businesses is not easy. In a series of six podcasts, we've brought together our employment and financial regulation experts to simplify this area and explain clearly what those working within legal, risk, compliance, HR and operations need to think about at each stage of the employment cycle when it comes to complying with the SMCR. In this fifth episode, we cover the importance of wellbeing in creating a healthy culture.Tue, 08 Dec 2020 10:21:00 Ze8cad205-23ec-4d51-93fe-fe215f24aefdhttps://gowlingwlg.com/en/insights-resources/client-work/2020/gowling-wlg-advises-bregal-milestone-on-cafeynGowling WLG has advised Bregal Milestone on its investment in Cafeyn, Europe's leading online digital media distribution company with 2,500 newspapers and magazines and over two million active users.Mon, 07 Dec 2020 00:00:00 Z2eedc389-0de6-454f-95b6-c75fe85ab58ehttps://gowlingwlg.com/en/insights-resources/articles/2020/hmrc-priority-the-impact-of-the-new-orderThe Insolvency Act 1986 (HMRC Debts: Priority on Insolvency) Regulations 2020 will apply to all business insolvencies that commence on or after 1 December 2020.Tue, 01 Dec 2020 00:00:00 Zec20cfd4-a3c4-4fbc-8cd4-a3dca1511f36https://gowlingwlg.com/en/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-lens-episode-4Getting to grips with the changes that have been brought in as a result of the Senior Managers and Certification Regime (SMCR) for all FCA regulated businesses is not easy. In a series of six podcasts, we've brought together our employment and financial regulation experts to simplify this area and explain clearly what those working within legal, risk, compliance, HR and operations need to think about at each stage of the employment cycle when it comes to complying with the SMCR. In this fourth episode, we cover the issues that might arise on termination of employment.Wed, 11 Nov 2020 12:20:00 Z9014edfb-4879-4822-ad30-04e6ba3ce257https://gowlingwlg.com/en/insights-resources/guides/2020/covid-19-government-relief-programs-guideLearn more about about government relief programs in Canada in response to COVID-19.Mon, 09 Nov 2020 00:00:00 Zb5921fba-e795-4046-a9ab-0482cff55a9fhttps://gowlingwlg.com/en/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-whistleblowingGetting to grips with the changes that have been brought in as a result of the SMCR for all FCA regulated businesses is not easy. In this third episode, we cover the topical issue of whistleblowing.Thu, 29 Oct 2020 15:39:00 Zb1b0c21c-83aa-4c43-94b7-2f0252197384https://gowlingwlg.com/en/insights-resources/articles/2020/oct-27-canadian-financial-regulatory-updatesRecent regulatory updates issued in September and October reflect a renewed attention to continuing policy development unrelated to the COVID-19 pandemic. In this article, we review three of these recent updates.Tue, 27 Oct 2020 00:00:00 Z63a73145-2302-4597-af77-a3848d929c24https://gowlingwlg.com/en/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-employment-issuesWe shine a light on the SMCR issues that can arise during the employment relationship.Fri, 16 Oct 2020 10:50:00 Z1da536dd-6e31-4130-84ee-1166e01de113https://gowlingwlg.com/en/insights-resources/podcasts/2020/the-employment-lifecycle-smcr-recruitmentThis podcast series will shine a light on the issues from a SMCR perspective that might arise at each stage in the employment cycle. Our first podcast starts at the beginning of that cycle looking at recruitment.Mon, 28 Sep 2020 08:54:00 Z7c0d0199-92b6-4586-9fe9-644f6b0bd39ehttps://gowlingwlg.com/en/insights-resources/articles/2020/climate-change-impact-on-financial-servicesWith so many developments and momentum more generally in this area of ESG, it's a timely point to consider why climate change is such an important issue for those involved in in the financial sector.Thu, 10 Sep 2020 14:47:00 Z2c1a7d2c-35f8-49f8-9640-6cfde89603dfhttps://gowlingwlg.com/en/insights-resources/client-work/2020/zijin-mining-acquires-guyana-goldfieldsOn August 25, 2020, Zijin Mining Group Co., Ltd (SSE: 601899) (SEHK: 2899) and Guyana Goldfields Inc. (TSX: GUY) announced the completion of the previously announced statutory plan of arrangement under the Canada Business Corporations Act involving Guyana, Zijin and 12049163 Canada Inc., an indirect wholly-owned subsidiary of Zijin, following receipt of all required regulatory approvals and satisfaction of all closing conditions. Pursuant to the arrangement, Zijin acquired all of the outstanding common shares of Guyana Goldfields for cash consideration of C$1.85 for each Guyana common share, valuing Guyana Goldfields at approximately C$323 million.Tue, 25 Aug 2020 00:00:00 Z5ee7cbaa-5eb7-423a-870d-87aef6ca9efdhttps://gowlingwlg.com/en/insights-resources/articles/2020/aug-10-canadian-financial-regulatory-updatesOffice of the Superintendent of Financial Institutions (OSFI), Financial Services Regulatory Authority of Ontario (FSRA), Autorité des marchés financiers (AMF), British Columbia Financial Services Authority (BCFSA), and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) adjust regulations and guidance for banks, credit unions, financial intermediaries and other market participants.Wed, 12 Aug 2020 00:00:00 Z9cef636d-d675-4ae8-b2fe-869bd788f876https://gowlingwlg.com/en/insights-resources/articles/2020/challenges-of-collecting-from-beneficial-landownerIn the case of 1842752 Ontario Inc. v. Fortress Wismer 3-2011 Ltd., the Ontario Court of Appeal held that a judgment creditor is not entitled to enforce a writ of seizure and sale against a registered owner that beneficially holds land in trust for a judgment debtor, nor to priority over arm's length construction financing.Mon, 13 Jul 2020 00:00:00 Zfd05e775-caf9-454d-ae3e-7f548e4779fchttps://gowlingwlg.com/en/insights-resources/articles/2020/covid-pension-regulation-amendmentsBanks and other lender financial institutions should take note of new draft regulations to the Income Tax Act presented by the Canadian federal government on July 2. Among the changes is relief to the borrowing restrictions which govern registered pension plans.Fri, 03 Jul 2020 00:00:00 Z81be2587-bb95-4f33-980a-0ce62edb8e57https://gowlingwlg.com/en/insights-resources/podcasts/2020/the-month-in-pensions-june-2020For June 2020, we focus on options available to pension scheme trustees and employers in distress and the new insolvency regime.Tue, 30 Jun 2020 11:12:00 Ze732a7a4-dd3c-4547-99fb-37e11d6535dfhttps://gowlingwlg.com/en/insights-resources/articles/2020/june-26-canadian-financial-regulatory-covid-19Despite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue to issue guidance explaining and expanding the regulatory requirements applicable to financial institutions.Mon, 29 Jun 2020 14:12:00 Z057f5cbb-8ff6-46ca-9bb0-485ab43ac2c7https://gowlingwlg.com/en/insights-resources/on-demand-webinars/2020/blockchain-financing-related-developmentsIn this webinar, Gowling WLG practitioners will discuss the impact of the pandemic on the blockchain industry and financings.Mon, 15 Jun 2020 00:00:00 Zdcf1ddaf-a19c-4a9e-ba3f-56a639cadc47https://gowlingwlg.com/en/insights-resources/articles/2020/property-tax-penalty-dates-in-bc-municipalitiesOn April 16, 2020, the British Columbia government announced that penalties for late payment of property taxes for commercial properties would be delayed by three months.Mon, 08 Jun 2020 00:00:00 Zf926508b-d415-415c-b276-6a9b40447747https://gowlingwlg.com/en/insights-resources/articles/2020/bc-conditionally-restricts-lease-terminationsOn June 1, 2020, the Province of British Columbia issued Ministerial Order No. M179 pursuant to the Emergency Program Act (British Columbia).Mon, 08 Jun 2020 00:00:00 Z5ca34d92-0dd5-4a5b-8cc0-27d69c6ebd09https://gowlingwlg.com/en/insights-resources/articles/2020/clbils-ccff-uk-funding-schemesWe provide details of the key changes to the CLBILS scheme, the new requirements under the CCFF scheme and signposts to the updated information and FAQs from the BBB and Bank of England.Thu, 28 May 2020 00:00:00 Z813f118e-a98c-40f1-97b4-055b21a31378https://gowlingwlg.com/en/insights-resources/articles/2020/ontario-electronic-chattel-paper-legislationAlmost two decades after the United States' enactment of similar legislation, amendments to the Ontario Personal Property Security Act ("PPSA" or the "Act") came into force on May 15, 2020, much to the anticipation of lenders, financiers, and lessors alike looking to digitize their commercial offerings with respect to chattel  paper.Tue, 19 May 2020 00:00:00 Zbfacf299-c64e-4574-a102-0574b5cb11aehttps://gowlingwlg.com/en/insights-resources/articles/2020/may-12-canadian-financial-regulatory-covid-19Since the publication of the latest article, there have been significant notices published by federal and select provincial financial services regulators. In this fourth article, we have compiled the key notices and set out links to the regulators' websites from up to and including May 11, 2020.Wed, 13 May 2020 15:00:00 Z7c654c1b-13a8-4eea-a852-f3ea59dd99fehttps://gowlingwlg.com/en/insights-resources/articles/2020/financial-regulators-expanding-their-reachDespite the challenges to the global economy and significant pressures on the financial sector, Canada's financial regulators continue their regulatory work that has not been impacted by COVID-19 considerations by forging ahead with consultations and expanding their regulatory reach.Wed, 13 May 2020 00:00:00 Z799ad0c6-f835-40cf-ab0a-352c7a6ee487https://gowlingwlg.com/en/insights-resources/client-work/2020/gowling-wlg-advised-on-hauts-de-lune-wind-farmGowling WLG has advised Crédit du Nord in the financing of a wind power project worth more than €23 million.Mon, 04 May 2020 00:00:00 Z28f127ce-d017-47cf-88e4-b85553915614https://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-the-risk-of-fraud-in-a-crisisWith rising fear that the economic fallout due to COVID-19 will be likened to the Great Depression, business are accepting new opportunities with haste. This can, however, leave businesses at serious risk of fraud.Mon, 27 Apr 2020 00:00:00 Z85fbe45d-1bdf-467c-a0b0-bfa7ab04ed3ahttps://gowlingwlg.com/en/insights-resources/client-work/2020/gowling-wlg-advises-sanctuary-group-on-m-bondsInternational law firm Gowling WLG has advised Sanctuary Group on a £350 million secured bonds issue.Fri, 24 Apr 2020 00:00:00 Z8ce805e8-41b8-47a7-b2dd-a5207824da93https://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-updated-funding-schemeIn response to the COVID-19 crisis, the Chancellor of the Exchequer has set out a number of initiatives that provide a package of funding-related measures to support public services, people and businesses during this time.Mon, 20 Apr 2020 00:00:00 Z48348d12-7d50-49b7-a84f-00c96ef9610chttps://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-fundamentally-reshapes-the-fca-planGiven the onset of the global pandemic, the FCA has decided to focus its resources on those markets where it sees the greatest potential harm.Tue, 14 Apr 2020 10:15:00 Z7efcb428-4a7f-47e5-a937-323f37b74657https://gowlingwlg.com/en/insights-resources/articles/2020/execution-of-documents-under-a-power-of-attorneyPowers of attorney allow a company to appoint an individual to execute documents on its behalf. This article provides an overview of the use of ordinary powers of attorney in a commercial context.Wed, 08 Apr 2020 09:55:00 Z070526ae-ae2e-4b1c-ab63-e37811ce6364https://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-where-are-the-uk-m-a-opportunitiesIn this insight our experts give views on where is the UK M&A market now? Where (and for who) are the UK M&A opportunities over the next 12 months most likely to be?Wed, 08 Apr 2020 09:02:00 Z95588ea0-0528-4293-bc30-09a1a5940e94https://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-distressed-m-a-opportunitiesThe COVID-19 crisis is already showing signs of pushing the UK economy into recession, has undoubtedly impacted the M&A market in the UK and increased the likelihood of businesses entering into insolvency proceedings.Tue, 07 Apr 2020 00:00:00 Z4ef7e601-f04f-4693-86c8-82ed012af7f5https://gowlingwlg.com/en/insights-resources/articles/2020/directors-duties-striking-off-think-carefullyDirectors owe a range of statutory, regulatory and common law duties to their company and, in an insolvency situation, to the creditors of a company.Tue, 07 Apr 2020 00:00:00 Zf3414d62-6533-4e1a-82dc-aad421f9136dhttps://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-relaxation-of-directors-dutiesThe Government continues to develop its response to the COVID-19 pandemic.  In this Insight we examine the weekend's announcement from the Business Secretary that provides some welcome good news for directors.Thu, 02 Apr 2020 08:19:00 Z8a5e7393-3bec-4927-8262-9129d01fc8e1https://gowlingwlg.com/en/insights-resources/articles/2020/covid-19-government-funding-schemesIn response to the COVID-19 crisis, the Chancellor of the Exchequer has set out a number of initiatives which provide a package of funding related measures to support public services, people and businesses during this time.Thu, 26 Mar 2020 00:00:00 Z292e349e-124a-4e48-b3e2-5eaa3f713742https://gowlingwlg.com/en/insights-resources/articles/2020/coronavirus-a-new-regulatory-risk-facing-uk-firmsOn 4 March 2020, the FCA published a statement in which it made clear its expectations of firms having adequate contingency plans in place to deal with major events, including the Coronavirus Disease (COVID-19).Mon, 16 Mar 2020 00:00:00 Z1170a683-0300-4df7-8fc8-ecd76ce637f7https://gowlingwlg.com/en/insights-resources/client-work/2020/gowling-wlg-advises-mashreq-bankGowling WLG's has advised Mashreqbank PSC and collaborated with the DIFCA on the MEASA region's first KYC blockchain data-sharing platform.Thu, 05 Mar 2020 00:00:00 Z231d89b7-0ac7-46ba-914b-c5c642798750https://gowlingwlg.com/en/insights-resources/articles/2020/using-e-signatures-on-finance-transactionsOur Banking & Finance experts examine the issues that might arise in practice when assessing the use and impact of electronic signatures on finance transactions.Tue, 18 Feb 2020 00:00:00 Za8b3502d-dce6-46f9-a7d4-02d3af75742fhttps://gowlingwlg.com/en/insights-resources/articles/2019/pm-trudeau-s-mandate-letters-to-cabinet-ministersCanadian Prime Minister Justin Trudeau has released the mandate letters for each of the 37 cabinet Ministers of his minority Liberal government.Tue, 17 Dec 2019 00:00:00 Z99723fa8-3c52-4f31-b285-f1719d6d8a37https://gowlingwlg.com/en/insights-resources/articles/2019/who-will-pay-the-costs-of-cryptoasset-regulationWe explore the FCA's recent proposals for how it intends to recover the costs of its new role from the very cryptoasset businesses it will supervise, which cryptoasset businesses will be subject to FCA supervision and what those firms need to be doing to register with the FCA.Tue, 22 Oct 2019 15:00:00 Za1a1d57a-2b87-4bac-880e-edfe5f91e78ehttps://gowlingwlg.com/en/insights-resources/articles/2019/facebook-s-libra-cryptocurrency-regulationSushil Kuner and David Brennan discuss key technical details of Libra, the response from regulators and its future.Mon, 23 Sep 2019 14:04:00 Zaae8175b-a2bf-4be7-a624-625b29642bc4https://gowlingwlg.com/en/insights-resources/client-work/2019/fraser-mackenzie-merchant-capital-portfolio-companOn September 10, 2019, Fraser Mackenzie Merchant Capital (“FMMC”), through its portfolio company Vision Utility Services, Inc., acquired the business and assets of Utility Pro, Inc.Tue, 10 Sep 2019 00:00:00 Z62ddb2e2-20ca-4a93-a360-81d54d0ba00chttps://gowlingwlg.com/en/insights-resources/articles/2019/the-law-on-rectificationHave you ever wondered whether to apply to court to rectify mistakes in the legal documentation of your pension scheme. Our experts discuss this in our latest article.Tue, 03 Sep 2019 14:06:00 Z84d6bf47-d256-4d5c-8fef-f758245f104dhttps://gowlingwlg.com/en/insights-resources/client-work/2019/metro-bank-advised-on-two-west-midlands-storesInternational law firm Gowling WLG has advised Metro Bank on two of its first store openings in the West Midlands.Wed, 21 Aug 2019 00:00:00 Z7a830c4a-0457-483c-b401-808af96b4439https://gowlingwlg.com/en/insights-resources/articles/2019/adgm-s-new-digital-investment-frameworksThe ADGM's Financial Services Regulatory Authority (FSRA) recently issued guidance on digital investment.Wed, 07 Aug 2019 11:04:00 Zdb8a19c6-65d2-4c24-a029-c9916a8d7215https://gowlingwlg.com/en/insights-resources/articles/2019/fca-s-regulatory-perimeter-on-cryptoassetsWe discuss the recent news regarding the FCA's position on Cryptoassets.Wed, 07 Aug 2019 00:00:00 Zdb9d0989-2cf2-4619-96f7-b33977a04ccdhttps://gowlingwlg.com/en/insights-resources/client-work/2019/absorb-software-completes-cross-border-acquisitionAbsorb Software is a learning technology company based in Calgary, Alberta, with global offices in London, Dublin, Shanghai, Sydney, Boston, Tampa and Salt Lake City.Wed, 07 Aug 2019 00:00:00 Z066f2b78-6385-4e9a-a2a1-789a8946fd9ehttps://gowlingwlg.com/en/insights-resources/client-work/2019/k92-mining-closes-loan-and-offtake-agreementOn July 25, 2019, K92 Mining Inc. (TSXV: KNT) (OTCQB: KNTNF) announced that the company had received a US$15 million loan from Trafigura Pte Ltd. pursuant to a loan agreement between the companies.Thu, 25 Jul 2019 00:00:00 Ze7726426-3c35-4a94-88c7-1d861b1a778ahttps://gowlingwlg.com/en/insights-resources/client-work/2019/mcinnis-cement-closes-an-additional-500-millionOn July 17, 2019, McInnis Cement confirmed the closing of an additional $500 million refinancing.Wed, 17 Jul 2019 00:00:00 Za80d3a38-07aa-402c-bf74-1d076fbe8e83https://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-h-t-group-plc-on-share-placingGowling WLG is advising H&T Group plc on its proposed acquisition of 65 trading stores and a further 29 pledge books.Wed, 03 Jul 2019 00:00:00 Z8a2fe9ae-10e3-48bb-8301-89e59376dfc6https://gowlingwlg.com/en/insights-resources/client-work/2019/estruxture-secures-expanded-170-millionOn June 24, 2019, eStruxture Data Centers announced that it had secured an expanded $170 million credit facility with a group of Canadian banks led by Scotiabank and National Bank of Canada.Mon, 24 Jun 2019 00:00:00 Z1c4e9cc6-6fd7-4cf4-b455-210f0059e764https://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-asset-based-lenderOn June 21, 2019, Harold Chataway, Thomas Subic and Richard Dusome acted on behalf of an asset based lender in completing $49 million in aggregate credit facilities for a Canadian food importer and distributor.Fri, 21 Jun 2019 00:00:00 Z9caa3cdf-dbcb-46a4-a6f6-06f089ace91fhttps://gowlingwlg.com/en/insights-resources/articles/2019/conduct-risk-is-your-framework-fca-compatibleIn May 2019, the FCA published its third annual report on its five Conduct Questions Programme.Wed, 12 Jun 2019 09:11:00 Za7823035-f447-4681-aa5e-78d1b911a14ahttps://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutions-215mGowling WLG advises syndicate of financial institutions on $215 million asset based loan arrangement for a North American steel processor and distributorThu, 02 May 2019 00:00:00 Z66323b55-f07f-4754-b3da-bd8645c53123https://gowlingwlg.com/en/insights-resources/client-work/2019/cci-wireless-completes-acquisition-of-wibandEffective May 1, 2019, CCI Wireless is now Canada's second-largest wireless internet service provider.Wed, 01 May 2019 00:00:00 Zbd007edf-9041-404e-8f8d-8fa017ee04b3https://gowlingwlg.com/en/insights-resources/client-work/2019/l-b-foster-company-completes-financingOn April 30, 2019, L.B. Foster Company completed a financing which included amending and restating its revolving credit facility agreement.Tue, 30 Apr 2019 00:00:00 Z51595456-f1ab-4af4-8636-e26f3caaf73dhttps://gowlingwlg.com/en/insights-resources/client-work/2019/metalla-closes-12m-convertible-loan-facilityOn April 23, 2019, Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced that it had closed its convertible loan facility of $12 million with Beedie Capital to fund acquisitions of new royalties and streams.Tue, 23 Apr 2019 00:00:00 Z277ab9cf-e645-4999-885e-582580c8e152https://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-professional-services-companyGowling WLG advises large international professional services company on US$375 million syndicated multi-jurisdictional credit arrangementWed, 17 Apr 2019 00:00:00 Z88f98c2c-2065-415e-bece-0c4b268496d2https://gowlingwlg.com/en/insights-resources/client-work/2019/persist-oil-and-gas-acquire-core-assets-of-manitokOn April 15, 2019, Alvarez & Marshal Canada Inc., the receiver and manager and trustee in bankruptcy of Manitok Energy Inc. and its wholly owned subsidiaries Raimont Energy Corp. and Corinthian Oil Corp., sold the majority of the core assets of Manitok to Tantalus Energy Corp., now Persist Oil and Gas Inc.Mon, 15 Apr 2019 00:00:00 Z2bcea8c3-87e4-4a6e-bb9e-5c81271da1dfhttps://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutions-160-milAdvised the lending group with respect to the completion of $160 million in credit facilities.Wed, 27 Mar 2019 00:00:00 Ze2f2dcfe-9f36-4c84-810b-ec5be00be60bhttps://gowlingwlg.com/en/insights-resources/articles/2019/risks-facing-acquiring-companiesOn 14 March 2019, the Court of Justice delivered a landmark judgment regarding the liability of acquiring companies to compensate third parties for infringements of EU competition law committed by acquired companies.Mon, 18 Mar 2019 00:00:00 Zee7768d2-3315-43e4-9739-60222b774ad3https://gowlingwlg.com/en/insights-resources/articles/2019/fca-warns-change-needed-in-motor-finance-marketIn its 2017/18 business plan, the FCA made a commitment to review the motor finance market, largely due to it being the third largest lending sector in the UK worth £64bn.Wed, 06 Mar 2019 10:21:00 Z6109e04a-53ab-4ff7-bb5f-8aa1972e780chttps://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-financial-institutionsGowling WLG acted on behalf of financial institutions in completing a $71 million credit facility used to construct a large retirement home.Wed, 06 Mar 2019 00:00:00 Z8ab53e19-dcac-40ac-9131-a46aaf436fc9https://gowlingwlg.com/en/insights-resources/client-work/2019/gowling-wlg-advises-rigby-group-over-fluidone-saleInternational law firm Gowling WLG has advised Rigby Group on the sale of leading data connectivity platform FluidOne Limited to Livingbridge for an undisclosed sum.Thu, 28 Feb 2019 00:00:00 Z9e0e55d7-f70f-4c98-8cd4-2fcc76b82284https://gowlingwlg.com/en/insights-resources/client-work/2019/hi-c-completes-inaugural-offeringOn Feb. 22, 2019, HPC Housing Investment Corporation ("HI-C") closed a $33.1 million private placement of Senior Unsecured Series Notes, the proceeds of which will be advanced to provide long term financing for affordable housing projects in Canada. The Canada Life Assurance Company is the sole investor in the Notes.Fri, 22 Feb 2019 00:00:00 Z83ef768d-1b70-49fe-863d-12c8a09c1163https://gowlingwlg.com/en/insights-resources/articles/2019/the-draft-chinese-foreign-investment-lawFollowing China's release of a new draft Foreign Investment Law soliciting public comments our China experts highlight some of the positive developments contained in the draft law.Thu, 31 Jan 2019 00:00:00 Z4f348dee-85f2-43cd-8208-5cc50dca33b3https://gowlingwlg.com/en/insights-resources/articles/2019/borrower-appeals-supreme-court-section-4In our last issue of Fully Secured, we wrote about the Ontario Court of Appeal's decision in Solar Power Network Inc. v. ClearFlow Energy Finance Corp.Thu, 31 Jan 2019 00:00:00 Zec9332b8-db0b-4984-badb-b3d0fac9c1cbhttps://gowlingwlg.com/en/insights-resources/client-work/2019/montreux-healthcare-fund-acquires-independence-homOn 21 January 2019, The Montreux Healthcare Fund announced that it had acquired Independence Homes Ltd through its platform asset Active Assistance.Thu, 31 Jan 2019 00:00:00 Z4f4c121d-df7a-4be6-9e7f-2ebcdbabe4b9https://gowlingwlg.com/en/insights-resources/articles/2019/the-fca-consults-on-optimising-the-smcrThe Financial Conduct Authority (FCA) has published its Consultation Paper 'Optimising the SMCR and Feedback to DP16/4 - Overall Responsibility and the Legal Function' to provide extra clarity on the SMCR and help firms adjust to the SM&CR.Mon, 28 Jan 2019 09:50:00 Z28957099-6542-4d44-9924-1d297dc0c216https://gowlingwlg.com/en/insights-resources/articles/2019/fca-consults-on-cryptoassets-regulationGowling WLG's Financial Services Regulatory experts summarise the FCA's expectations regarding cryptocurrency and highlight the key considerations for firms.Mon, 28 Jan 2019 00:00:00 Ze60946c6-38f7-48a4-9fab-c39747342ebahttps://gowlingwlg.com/en/insights-resources/client-work/2019/cooper-equipment-rentals-acquires-star-rentalsGowling WLG advised Cooper Equipment Rentals Limited on the acquisition and associated financing of Star Rentals Ltd. In British Columbia.Mon, 21 Jan 2019 12:00:00 Z75a441b9-61e4-4221-bdcc-5059ec9f3bd6https://gowlingwlg.com/en/insights-resources/client-work/2019/giftcraft-completes-recapitalizationOn January 14, 2019, Giftcraft Ltd. announced a significant recapitalization and new partnership with CID Capital and ORIX Mezzanine & Private Equity.Mon, 14 Jan 2019 00:00:00 Z7e66202d-c35a-46d5-9063-6920329cf04chttps://gowlingwlg.com/en/insights-resources/articles/2018/a-gift-for-invoice-financiersLast January, our insight 'Invoice Finance 2018: Where next for bans on assignment' reported on a set of draft regulations which looked to reduce the effect of ban on assignment clauses (BoAs), which create a barrier to providing invoice finance.Fri, 14 Dec 2018 10:17:00 Zdb6c1e89-b5b3-4501-a307-adfe724059dehttps://gowlingwlg.com/en/insights-resources/articles/2018/the-world-economic-forum-s-report-ai-financial-secIn August, 2018, The World Economic Forum (“WEF”) published a report, The New Physics of Financial Services, that looks at how AI will transform the financial services sector.Mon, 05 Nov 2018 00:00:00 Z560453f7-5ee3-4ee2-aed1-4fcd91489e04https://gowlingwlg.com/en/insights-resources/articles/2018/usmca-updates-financial-services-free-trade-chapteChapter 17 of the draft United States-Mexico-Canada Agreement (USMCA) has updated the terms of Chapter 14 (Financial Services) of NAFTA.Mon, 05 Nov 2018 00:00:00 Zf34490b7-bd4e-49e7-a160-4a2ace997925https://gowlingwlg.com/en/insights-resources/client-work/2018/riverside-acquires-surewerx-from-penfundOn November 2, 2018, The Riverside Company ("Riverside") acquired SureWerx from Penfund.Fri, 02 Nov 2018 11:00:00 Z2ca1ff96-9a7c-4345-bd6a-60a388a3af3ehttps://gowlingwlg.com/en/insights-resources/articles/2018/the-consequences-of-a-merger-on-secured-partiesMergers and acquisitions are more and more frequent in our globalized, modern and fast-paced economy. According to statistics provided by The Institute for Mergers, Acquisitions and Alliances (IMAA) , 129 mergers and acquisitions were announced in Canada in 1985.Thu, 25 Oct 2018 00:00:00 Z21dcfba1-a519-4281-a343-9044788744b0https://gowlingwlg.com/en/insights-resources/articles/2018/cyber-security-and-lenders-how-to-manage-the-riskOur Banking and Finance experts explore ways in which we can help you to protect existing and future investments against cyber security risks.Mon, 08 Oct 2018 07:32:00 Z6f3b6571-f8b0-4e42-9e92-2b1799c76a8ehttps://gowlingwlg.com/en/insights-resources/articles/2018/fca-s-approach-to-supervisionThe Financial Conduct Authority (FCA) has a very broad range of regulatory responsibilities. It regulates around 58,000 firms ranging from small high street insurance brokers to the largest banks and insurers, as well as having broader responsibility to supervise markets and exchanges.Tue, 18 Sep 2018 00:00:00 Zbd5bf0ac-98aa-4b41-81d2-a216404d9683https://gowlingwlg.com/en/insights-resources/articles/2018/new-automotive-technology-and-brexitThis short guide highlights key areas requiring action by companies in the UK's automotive sector involved in the development of new technology: access to funding; access to skilled workers; potential divergence in legal and regulatory frameworks; intellectual property; and technical standards.Fri, 07 Sep 2018 00:00:00 Z413a4034-d076-42d4-bb4f-1bdb44445944https://gowlingwlg.com/en/insights-resources/podcasts/2018/guarantees-relevant-case-law-and-potential-issuesSenior Associate, Matt Owen, from our Banking and Finance Team speaking about guarantees, giving a brief recap on the relevant case law and highlighted potential issues for beneficiaries and the reasons why certain provisions are typically included in guarantee documents.Mon, 06 Aug 2018 14:40:00 Z7ddb38e6-13f4-4005-8666-906173da7458https://gowlingwlg.com/en/insights-resources/client-work/2018/teranet-affiliate-completes-acquisitionOn Aug. 3, 2018, an affiliated entity of Teranet Inc., CM Solutions Inc., acquired all of the issued and outstanding shares of D+H Collateral Management Corporation, a division of Finastra Holdings Inc.Fri, 03 Aug 2018 00:00:00 Zf4d2a366-604f-468c-a24e-4c833d28e58dhttps://gowlingwlg.com/en/insights-resources/articles/2018/limitation-act-surprises-bc-security-holderThe British Columbia Court of Appeal considered for the first time section 15 of that province's updated Limitation Act (the Act). The result should give security holders pause.Mon, 30 Jul 2018 13:34:00 Z7d042782-23a4-4594-b3a6-9f726dbedfa5https://gowlingwlg.com/en/insights-resources/articles/2018/commercial-list-clarifies-scope-of-set-off-rightsIn an insolvency, the three heads of set-off (contractual, legal and equitable) each represent a powerful means of effectively jumping the queue and circumventing the ordinary priority scheme between a company's secured and unsecured creditors.Mon, 30 Jul 2018 13:25:00 Z051f33a1-3ba5-4797-ae64-e65d63e26209https://gowlingwlg.com/en/insights-resources/articles/2018/the-power-of-sale-can-it-help-youEnforcing security? Do you know your options? Exercising a power of sale can be an important part of a secured lender's exit strategy on enforcement. But it is often overlooked. Our latest insight will tell you when and why it could be right for you.Mon, 30 Jul 2018 09:57:00 Z571b5072-fc5f-41c3-886d-b956a042b5c7https://gowlingwlg.com/en/insights-resources/client-work/2018/westman-village-arranges-210-million-loanOn July 30, 2018, the developers of Westman Village, a new mixed-use community development in Calgary, arranged with a syndicate of banks for the provision of a $210 million loan.Mon, 30 Jul 2018 00:00:00 Zd1c5ad9a-a99d-44ea-9294-d9470910cb25https://gowlingwlg.com/en/insights-resources/client-work/2018/gibraltar-company-acquires-tilley-endurablesOn July 26, 2018, Hilco Capital announced the sale of Tilley Endurables Inc., the Canadian hat and travel apparel manufacturer, to Toronto-based investment firm, Gibraltar & Company.Thu, 26 Jul 2018 00:00:00 Z896ae88d-f559-40cf-bfd9-aae58d024da0https://gowlingwlg.com/en/insights-resources/articles/2018/insolvency-of-registered-providersThe new housing administration regime for registered providers of social housing is now in force. Our experts explore how it applies to the social housing sector.Fri, 06 Jul 2018 00:00:00 Z92a68986-9eb2-4b56-a966-2e6c8246c4f9https://gowlingwlg.com/en/insights-resources/articles/2018/lenders-beware-consents-come-under-court-scrutinyCourts are looking more closely at when it's unreasonable to withhold your consent. Read our latest Insight to find out how it could affect you.Thu, 21 Jun 2018 11:45:00 Zb725dfdf-2c86-4871-8d6c-2511bf56d245https://gowlingwlg.com/en/insights-resources/articles/2018/further-overhaul-of-the-chinese-companyRecent reforms have occurred to make it simpler for companies, including foreign invested companies, to incorporate businesses in China.Mon, 18 Jun 2018 09:24:00 Zb7d5ff6e-4cfe-45df-9c71-0b4274531632https://gowlingwlg.com/en/insights-resources/articles/2018/finance-litigation-may-2018Gowling WLG's finance litigation experts consider Equalities legislation for lenders managing arrears, basis clauses and unfair relationships, judgment creditor's rights to be paid and the court giving practical effect to worldwide freezing injunctions.Wed, 30 May 2018 10:31:00 Z0a3779f0-d943-4447-ad24-9f862966fafahttps://gowlingwlg.com/en/insights-resources/articles/2018/finance-litigation-april-2018Gowling WLG's finance litigation experts consider consent orders in the context of a regulated activity, when a discharged bankrupt is still liable for bankruptcy debts and whether a deed of assignment pre or post-dated a winding up petition.Tue, 24 Apr 2018 10:51:00 Z3f3b197a-14dd-4acf-98c4-eee3323b31a9https://gowlingwlg.com/en/insights-resources/client-work/2018/gowling-wlg-advises-institutional-investorsGowling WLG acted as Canadian legal counsel on behalf of a syndicate of institutional investors in completing and the initial funding.Mon, 23 Apr 2018 00:00:00 Z74eb456f-d31c-4a89-83cf-43352f813b6chttps://gowlingwlg.com/en/insights-resources/client-work/2018/mega-international-establishes-branch-in-canadaEffective April 16, 2018, Mega International Commercial Bank Co., Ltd. acquired substantially all the assets of Mega International Commercial Bank (Canada), which will be operated as a branch under the name Mega International Commercial Bank Co., Ltd. with its principal office in Toronto, Ontario.Mon, 16 Apr 2018 00:00:00 Ze3158bfb-5611-4337-82df-28cb657137d7https://gowlingwlg.com/en/insights-resources/articles/2018/finance-litigation-march-2018Gowling WLG's finance litigation experts consider whether a borrower's solicitor owes a duty of care to a lender, what constitutes unreasonably withholding consent and the test for restraining the presentation or advertising of a winding-up petition.Mon, 26 Mar 2018 11:51:00 Z4cb1cf11-9075-4182-b733-aa5539867702https://gowlingwlg.com/en/insights-resources/client-work/2018/gowling-wlg-advises-cairngorm-capital-on-acquisitiGowling WLG has advised client Cairngorm Capital Partners on its acquisition of Parker Building SuppliesTue, 20 Mar 2018 00:00:00 Zb8d2285e-47f5-49cc-bb9a-f9ac20fb94e7https://gowlingwlg.com/en/insights-resources/client-work/2018/tecton-acquires-shares-and-assets-of-oilfield-firmOn March 1, 2018, an Alberta numbered company (now known as Tecton Energy Services Ltd.) acquired the shares of 1st Rate US Holding Company, a US-based oilfield services firm, and assets from Alberta-based 1st Rate Energy Services Inc.Thu, 01 Mar 2018 00:00:00 Zc57508a6-2be5-4672-b220-3f71d6ac3e30https://gowlingwlg.com/en/insights-resources/client-work/2018/gowling-wlg-advises-cairngorm-capitalInternational law firm Gowling WLG has advised client Cairngorm Capital Partners LLP (Cairngorm Capital) on the acquisition of M J Wilson Group Limited (MJ Wilson), the leading independent UK distributor of process instrumentation and control products.Wed, 28 Feb 2018 00:00:00 Z09ab3e3f-faac-44be-809f-450ec121aec1https://gowlingwlg.com/en/insights-resources/articles/2018/finance-litigation-february-2018Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Mon, 26 Feb 2018 00:00:00 Z33a2c02a-7280-4bb1-aafc-cd4eec896b41https://gowlingwlg.com/en/insights-resources/articles/2018/warranties-in-receivables-finance-agreementsThe Court of Appeal has decided that a company was not in breach of a warranty which stated that it was not restricted from disposing of an invoice, despite a 'no assignments' clause being contained in the underlying agreement.Fri, 16 Feb 2018 10:49:00 Zdfcc3cef-ceda-45fe-9fa0-0ad2e08ba7d2https://gowlingwlg.com/en/insights-resources/articles/2018/finance-litigation-january-2018Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry, looking at 'no set-off' clauses and the court's discretion in exercising a stay of execution of a judgment, the proper procedure for contempt of court proceedings against a bankrupt under the Insolvency Act 1986, as well as other cases and issues.Wed, 31 Jan 2018 12:19:00 Ze366f614-490f-4f4c-bb0b-aec0f48e3508https://gowlingwlg.com/en/insights-resources/articles/2018/invoice-finance-2018-bans-on-assignmentInvoice finance provides crucial lifeblood to the financing of UK PLC. The last available full year figures for 2016 reported that an average of £9.5 billion of asset based finance was lent to small and mid-sized businesses at any one time.Fri, 05 Jan 2018 12:39:00 Z48738849-2644-4f21-b6b6-8b633f854282https://gowlingwlg.com/en/insights-resources/client-work/2017/gowling-wlg-advises-on-sale-of-majority-stake-in-fGowling WLG's Corporate, Finance and Tax team has advised the existing shareholders of long-standing client Forest Holidays on a further management buy-out.Thu, 21 Dec 2017 00:00:00 Zb4386471-ad9b-4059-8438-51ba2ae28b19https://gowlingwlg.com/en/insights-resources/articles/2017/charging-order-priority-over-ontario-ppsa-securityRegistering a financing statement under the Ontario PPSA to perfect a security interest is a key means of protecting a secured creditor's priority over collateral.Mon, 18 Dec 2017 00:00:00 Zedad9f4a-0167-460c-86f1-d609a1418055https://gowlingwlg.com/en/insights-resources/articles/2017/no-you-re-not-out-of-orderIn the technical language of the Personal Property Security Act (the “PPSA”), a secured party requires both attachment and perfection to obtain a perfected security interest that has priority over third parties.Mon, 18 Dec 2017 00:00:00 Z683003f5-a42c-4f40-9595-c70895740cf9https://gowlingwlg.com/en/insights-resources/articles/2017/ontario-ppsa-clarity-statements-motor-vehiclesBill 154, also known as the Cutting Unnecessary Red Tape Act, received Royal Assent November on 14, 2017 and, as the name suggests, is aimed at reducing regulatory burdens and practices that cost businesses time and money.Mon, 18 Dec 2017 00:00:00 Zd6bafa80-8ec2-4b9f-937d-a8ba690106echttps://gowlingwlg.com/en/insights-resources/articles/2017/what-are-alberta-ppsa-land-chargesThe Alberta PPSA Search Report you sent me for the proposed cross-country financing of our new borrower showed a number of registrations in favour of other existing secured parties designated as “Land Charges”.  Our new borrower doesn’t own any real property, so what are those “Land Charges” and why do they appear on a search for personal property liens?Mon, 18 Dec 2017 00:00:00 Zf5b3ac6e-1425-4dbc-8d99-cb9df9d34a76https://gowlingwlg.com/en/insights-resources/articles/2017/gsas-and-share-pledge-agreementsIf a lender has a general security agreement (GSA) from its borrower, should it also have a share pledge agreement to cover the shares held by the borrower in its subsidiaries?Mon, 18 Dec 2017 00:00:00 Z712ee77d-2465-4b65-ab7f-87b6b3903cbfhttps://gowlingwlg.com/en/insights-resources/articles/2017/damages-for-negligence-go-back-to-basicsIt is a well-established principle that a successful negligence claim will require a claimant to prove that the defendant's negligence caused the claimant to suffer loss.Tue, 12 Dec 2017 00:00:00 Z4e98dc2e-0a35-4e40-bb43-763354a8a3cbhttps://gowlingwlg.com/en/insights-resources/articles/2017/new-law-on-location-of-debtsThe Supreme Court has allowed an appeal by petroleum company Taurus Petroleum Limited against the State Oil Marketing Company of Iraq (SOMO).Wed, 06 Dec 2017 00:00:00 Zb8addf08-cc1a-4086-9af2-15d8cd08a534https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-november-2017Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Tue, 28 Nov 2017 00:00:00 Zeea88ae9-73f7-410c-84fb-52f85989e23ahttps://gowlingwlg.com/en/insights-resources/articles/2017/french-anti-bribery-act-take-action-by-year-endFrance's anti-bribery act, also called Loi Sapin 2, requires certain French companies to take a number of actions before the end of the year.Fri, 03 Nov 2017 11:45:00 Zdade0689-b23c-4f3f-a751-6022ce867ed0https://gowlingwlg.com/en/insights-resources/articles/2017/do-veto-rights-in-finance-agreements-give-absoluteIn the world of finance, provisions in loan agreements which say that consent is needed to lift a restriction or exercise a right are commonplace.Mon, 23 Oct 2017 00:00:00 Zfe73d443-44eb-4217-82d0-4ff90e95d55bhttps://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-october-2017Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Tue, 17 Oct 2017 19:00:00 Z97a3db45-331a-48de-9643-065f709a2606https://gowlingwlg.com/en/insights-resources/articles/2017/newfoundland-court-of-appeal-outlines-the-requiredWhether or not a contract is legally enforceable is a question that garners considerable attention within the legal community.Thu, 28 Sep 2017 11:19:00 Z56cdef76-f00a-4d62-8d9d-1780a411fd82https://gowlingwlg.com/en/insights-resources/articles/2017/guarantors-claim-of-improvident-realization-of-thA recent decision of the Alberta Court of Queen's Bench has confirmed that a contract of guarantee is an independent contract between creditor and guarantor separate and apart from a borrower, and any duties that a creditor or guarantor may have in relation to that contract will depend on their contractual obligations.Thu, 28 Sep 2017 11:05:00 Z27990337-f807-4dac-968d-d2d69b70c2b3https://gowlingwlg.com/en/insights-resources/articles/2017/a-client-asked-us-aircraft-financing-the-mandatQ: We heard that a Contacting State can and shall make declarations with respect to certain articles of the Cape Town Convention at the time of ratification, acceptance, approval of, or accession to the Cape Town Convention.Thu, 28 Sep 2017 00:00:00 Zef12e067-308f-4595-92a9-3a916c2bb24ahttps://gowlingwlg.com/en/insights-resources/articles/2017/dueling-pmsis-in-acquisition-financing-in-ontarioA lender financing the acquisition of assets by its borrower may intuitively believe that it will acquire a purchase money security interest (a PMSI) over the purchased assets, and enjoy the benefits of the super-priority bestowed by the Ontario PPSA over other security interests in the same collateral granted by the same debtor.Thu, 28 Sep 2017 00:00:00 Z83fa2f3f-c274-4106-8c73-db2de2a6a37bhttps://gowlingwlg.com/en/insights-resources/articles/2017/a-client-asked-us-preserving-hypothecary-rights-iWhen a grantor of a movable hypothec alienates certain of its assets, is there a formality that must be completed by the secured party in order to preserve its rights?Thu, 28 Sep 2017 00:00:00 Z02ecf554-c994-4f06-80a3-6e6bd9716a66https://gowlingwlg.com/en/insights-resources/articles/2017/ontario-ppsa-check-the-box-systemIt is now 2017 and we can mark 10 years of the iPhone, 40 years of the Toronto Blue Jays and 25 years since the signing of the North American Free Trade Agreement.Thu, 28 Sep 2017 00:00:00 Z63e3a15d-73f0-4802-baaf-5995086599a8https://gowlingwlg.com/en/insights-resources/articles/2017/documenting-the-end-of-libor2021 has recently been ear-marked as the date when LIBOR (also known as the London Interbank Offered Rate) will be wound down.Wed, 27 Sep 2017 04:44:00 Ze9f4ea08-826b-44fb-8d8e-95e0d926a755https://gowlingwlg.com/en/insights-resources/articles/2017/plan-ahead-with-our-guarantee-checklistsReaders of our insight Top Five Considerations for Every Guarantee will have seen that planning guarantee provisions before drafting can bring both cost and time benefits. However, in the heat of a transaction, parties may turn their focus to the main deal documents (e.g. sale, development or loan agreements) which carries the risk that equal emphasis isn't given to the content of guarantees.Wed, 20 Sep 2017 04:46:00 Zca510192-81a0-4fec-a2a0-05d25b6c1262https://gowlingwlg.com/en/insights-resources/articles/2017/five-top-tips-for-getting-the-right-term-sheetThe right term sheet can get you off to a good start in a transaction. The wrong one can result in damage to trust, increased costs and even litigation. Here, we give you some tips on how to get the most out of a small document, which can make a big difference to your deal.Wed, 13 Sep 2017 09:20:00 Z350344a5-98f9-46b7-aef3-5576a6f46673https://gowlingwlg.com/en/insights-resources/articles/2017/what-will-goods-mortgages-mean-for-youThe year 1878 brought the first UK weekly weather forecasts and the relatively unknown Bills of Sale Act 1878, which governs the way that individuals can use goods that they already own as security for loans and other obligations.Thu, 07 Sep 2017 06:23:00 Z78750410-525b-46ae-a1ee-6ab6ffc1b766https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-september-2017Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Wed, 06 Sep 2017 00:00:00 Z5d967a8a-b723-43d9-b3a3-a3ab6d94b009https://gowlingwlg.com/en/insights-resources/articles/2017/risk-of-challenge-to-fees-charged-in-agreementsIt is common practice for a receivables finance agreement to allow the lender to charge a collection fee in the event that they step in to collect debts on behalf of the borrower client. In a recent case concerning a collect-out situation, a lender was required to reimburse collection fees to the extent that they were considered to be excessive.Mon, 21 Aug 2017 06:31:00 Zf114b063-18f1-4021-ace9-fe5ddee84296https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-june-2017This month we consider the court's view on the extent to which firms' activities in handling complaints are themselves subject to adjudication by the Financial Ombudsman Service; the exercise of the court's discretion in refusing an unopposed application to annul a bankruptcy order; and more cases and issues affecting the industry:Tue, 11 Jul 2017 07:11:00 Zd785be21-c90b-402e-87d9-0620c23ab578https://gowlingwlg.com/en/insights-resources/articles/2017/top-five-considerations-for-every-guaranteeDo you want to know how to put a guarantee in place without incurring unnecessary time and expense?Tue, 11 Jul 2017 04:43:00 Z9e4089ec-d4a7-45ed-ad64-43cc80791165https://gowlingwlg.com/en/insights-resources/articles/2017/when-one-party-deals-on-the-other-s-standard-termsUnder section 3 of the Unfair Contract Terms Act 1977 (UCTA), where one party deals on the other's written standard terms of business, that other party can only exclude or restrict its liability insofar as is reasonable within the meaning of UCTA.Thu, 06 Jul 2017 10:49:00 Z7070618f-99b9-4c2e-a964-1f4ecfbe7822https://gowlingwlg.com/en/insights-resources/articles/2017/why-do-you-need-to-serve-a-notice-of-assignmentWhat do you need to consider when deciding whether to serve notice of assignment? Our legal experts explore the key points businesses need to know.Fri, 23 Jun 2017 06:03:00 Z5cf7c0a0-7ae5-46f0-b486-f63a3716d695https://gowlingwlg.com/en/insights-resources/articles/2017/brexit-one-year-on-developments-for-banking-and-fIt has been a year since the UK voted to exit the EU. So, what has been the impact on the Banking and Finance sector in that time and what is the current outlook?Fri, 23 Jun 2017 00:00:00 Zda89b85f-f827-4582-9fb2-dae1fa26101ahttps://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-may-2017This month we review the court's view on open ended suspension of discharge from bankruptcy and the difficulty of 'substituting' a defendant in proceedings where the relevant limitation period has expired:Thu, 01 Jun 2017 06:07:00 Zecca1412-26b7-462a-897b-3e3c1c0c8b16https://gowlingwlg.com/en/insights-resources/client-work/2017/gowlings-advises-bank-group-construction-financingOn May 29, 2017, Harold Chataway and Christine Mason, acting on behalf of two Canadian financial institutions, completed a $50 million debt transaction to finance and operate a new food processing plant located in Western Canada.Mon, 29 May 2017 00:00:00 Zdc12774a-1a4e-43c4-a8bd-ef14122719adhttps://gowlingwlg.com/en/insights-resources/client-work/2017/gowling-wlg-advises-cooper-equipment-rentals-on-cdGowling WLG advises Cooper Equipment Rentals on CDN$150-million credit facilityWed, 17 May 2017 00:00:00 Ze32ea57f-9cb1-4381-a194-d693f2332571https://gowlingwlg.com/en/insights-resources/videos/2017/parent-company-guaranteesParent Company Guarantees - why a seemingly 'simple' document can be so lengthy and why attention to detail is crucial to avoid any problems further down the line.Tue, 16 May 2017 00:00:00 Z4a441d60-dcf5-48c7-ac55-90cea8c00522https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-april-2017This month we review some interesting developments in the finance sector, including the court's view on the existence of an 'intermediate' duty of care on lenders, the need to get the basics - like service - right, and the latest from the Supreme Court on the assignment and variation of pre-April 2013 conditional fee agreements (CFAs).Tue, 02 May 2017 11:01:00 Z2ba0bd88-6bf7-47b7-b94a-57dfb64496b8https://gowlingwlg.com/en/insights-resources/client-work/2017/gowling-wlg-paris-advises-the-altitude-infrastructHolder of several public service concessions for the financing, design, implementation and operation of very-high-speed FTTH (Fiber-to-the-Home) and public initiative networks, Altitude Infrastructure recently set up a holding company, ALTO, dedicated to the financing of these networks.Tue, 04 Apr 2017 04:00:00 Zad926375-a081-48af-a9d8-0ec907debaabhttps://gowlingwlg.com/en/insights-resources/articles/2017/guarantees-strict-compliance-is-not-necessaryA recent case has highlighted one of the key differences between guarantees and letters of credit: that the doctrine of strict compliance applies to letters of credit but not to guarantees. However, that doesn’t mean that a demand under a guarantee can take whatever form the presenter chooses. Below, we have identified the key messages from this case that you may come across in practice.Tue, 04 Apr 2017 00:00:00 Z4c543ed9-ec1d-41d1-b829-1effb6d82affhttps://gowlingwlg.com/en/insights-resources/client-work/2017/banking-and-finance-team-advises-altitude-infrastrAltitude Infrastructure, a company dedicated to the financing, design, implementation and operation of very high speed fibre-to-the-home (FTTH) broadband, instructed Gowling WLG's Public Law team in Paris to assist it in the financing of said networks through its holding company, ALTO.Sat, 01 Apr 2017 00:00:00 Z761ccc6b-f6e0-436a-acd8-a7006503887ahttps://gowlingwlg.com/en/insights-resources/articles/2017/turning-the-page-on-lava-jato-brazil-s-new-marketEarlier this month, Brazil's President Michel Temer launched a new phase of Brazil's infrastructure concessions program, called the Investment Partnerships Program (Programa de Parcerias de Investimentos; 'PPI').Wed, 29 Mar 2017 00:00:00 Z328afbec-44bc-4d87-b860-6bfb6c0aa027https://gowlingwlg.com/en/insights-resources/articles/2017/standby-letters-of-creditA recent case has explored when a bank will be relieved of its duty to make payment under a letter of credit in a situation where the payment terms of the underlying contract are subject to a dispute under foreign law proceedings. This case also clarified points regarding the fraud exemption and the certification required from the presenter in a demand for payment. Below, we will explore these points and highlight the potential impact of this case.Thu, 23 Mar 2017 05:41:00 Zc4fa7452-9ca2-4441-9c41-1e4de46e0da0https://gowlingwlg.com/en/insights-resources/articles/2017/who-should-be-smart-about-smart-contractsSmart contracts are digitally signed promises, which are executed automatically by software code built on blockchain technology.Thu, 23 Mar 2017 00:00:00 Z06db2709-c3ac-431b-aea7-49cd1fe7f4c7https://gowlingwlg.com/en/insights-resources/client-work/2017/gowling-wlg-advises-persta-resources-on-initial-puGowling WLG advised Persta Resources Inc. on its initial public offering and listing on the Main Board of the Hong Kong Stock ExchangeFri, 10 Mar 2017 00:00:00 Z70d59b52-848e-4f11-876d-bd7b48049662https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-february-2017Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Tue, 28 Feb 2017 00:00:00 Zd8bd5c92-b015-4806-8bef-f1523cb7d9a8https://gowlingwlg.com/en/insights-resources/articles/2017/finance-litigation-briefing-january-2017Gowling WLG's finance litigation experts bring you the latest on the cases and issues affecting the lending industry in January 2017.Tue, 31 Jan 2017 06:14:00 Zed8f7910-3ceb-46c1-aa03-6bfc26f4bad7https://gowlingwlg.com/en/insights-resources/articles/2017/what-brexit-means-for-financial-servicesSo much has already been made of what Brexit will mean for London's status as a global financial centre and this is clearly uppermost in the minds of US financial services firms who have long come to rely on the class-leading infrastructure and highly skilled workforce that the City brings.Wed, 11 Jan 2017 07:01:00 Zeed4271e-cc0d-45cd-86f6-3f2631d3ab54https://gowlingwlg.com/en/insights-resources/client-work/2016/gowling-advises-major-canadian-financial-instituteOn December 23, 2016, Harold Chataway and Christine Mason, acting on behalf of a Schedule A Bank, completed a $100-million debt financing for the Canadian subsidiary of a large multi-national European-based building products organization.Fri, 23 Dec 2016 00:00:00 Zbe04626d-2752-416b-af2f-2814087f7805https://gowlingwlg.com/en/insights-resources/articles/2016/real-estate-lenders-in-france-banking-monopolyThis is the first of a series of four articles examining the legal considerations that non-French real estate lenders should examine when financing commercial real estate in France in a non-distressed context.Thu, 13 Oct 2016 00:00:00 Zf6f392e8-4cce-4723-8b08-62395dd6b035https://gowlingwlg.com/en/insights-resources/articles/2016/drafting-and-issuing-term-sheets-or-commitment-letIf you are involved in the drafting and issuing of commitment letters and term sheets there have been important changes. We highlight the implications of these changes and the key things to consider when drafting and issuing commitment letters and term sheets.Mon, 19 Sep 2016 00:00:00 Z8701de75-3056-4c11-b951-f5409cfe8dafhttps://gowlingwlg.com/en/insights-resources/articles/2016/challenger-banks-risks-and-rewardsChallenger banks, which are set up to compete with the larger traditional banks, have seen rapid growth in the wake of increased openness to change in the banking sector and a desire for more consumer choice.Wed, 14 Sep 2016 00:00:00 Z2d6ea8d0-24a3-4eae-8ad8-ae38e3f05973https://gowlingwlg.com/en/insights-resources/client-work/2016/debt-financing-to-help-equiom-achieve-organic-growGowling WLG's corporate and banking and finance teams combined to assist longstanding client Equiom on securing an increase in its debt financing package to substantially expand its organic growth.Tue, 23 Aug 2016 00:00:00 Z8fc346ed-d8f1-47d6-9478-b09c8a6886efhttps://gowlingwlg.com/en/insights-resources/client-work/2016/gowling-wlg-secures-largest-loan-of-its-kind-fromGowling WLG has advised fibre broadband provider Gigaclear on the terms of a loan from the European Investment Bank (EIB).Tue, 16 Aug 2016 00:00:00 Z27308cca-e427-4aac-888b-b0a16555a419https://gowlingwlg.com/en/insights-resources/client-work/2016/evergreen-investmentGowling WLG advised longstanding client, the North West Evergreen fund, on its £15 million investment to Allied London to part-fund the development of No. 1 Spinningfields in Manchester.Tue, 16 Aug 2016 00:00:00 Z8bb40d0b-d2f7-426c-8645-63bfde1a4431https://gowlingwlg.com/en/insights-resources/client-work/2016/gowling-wlg-advises-hyperoptic-on-investment-fromGowling WLG client Hyperoptic has secured an investment of £21 million from the European Investment Bank (EIB) to help it provide 1 Gbps fibre broadband to more than half a million homes across the UK.Mon, 15 Aug 2016 04:00:00 Z094b5734-9cac-4e18-8061-539aabb204c6https://gowlingwlg.com/en/insights-resources/articles/2016/brexit-and-banking-transactionsThe Brexit decision will inevitably have some impact on businesses that are based in, trading with or investing in the UK. However, the political landscape is so uncertain that it is not yet possible to determine exactly what effect it may have on the debt finance landscape.Fri, 22 Jul 2016 00:00:00 Z74fb897d-4956-44c0-8dc5-dc3f24d0a1e5https://gowlingwlg.com/en/insights-resources/articles/2016/brexit-impact-on-financial-services-institutionsOf all the many issues to be considered by the sector post-referendum, the issue that will certainly be near the front of the queue for negotiation is the matter of "passporting" financial services within the EU.Fri, 22 Jul 2016 00:00:00 Z4871620d-98b5-4554-bac1-2483f3b73904https://gowlingwlg.com/en/insights-resources/articles/2016/brexit-what-does-it-mean-for-the-automotive-sectNow that the UK has voted to leave the European Union (EU), what are the possible ramifications for the Automotive sector?Wed, 06 Jul 2016 00:00:00 Zc482e3ce-344e-4341-bb3a-4f271eaeca8bhttps://gowlingwlg.com/en/insights-resources/client-work/2016/gowling-wlg-advises-lenders-to-icon-infrastructureOn April 29, 2016, iCON Infrastructure Partners III, L.P., a fund advised by London, U.K.-based iCON Infrastructure LLP, completed a statutory plan of arrangement involving Capstone Infrastructure Corporation, a Toronto Stock Exchange-listed infrastructure company owning a diversified portfolio of assets.Fri, 29 Apr 2016 00:00:00 Z84901487-ac79-41f8-a824-5ef225650815https://gowlingwlg.com/en/insights-resources/client-work/2016/plenary-roads-state-street-redevelopment-project-rGowling WLG acted as B.C. counsel to Plenary Group (Canada) Ltd. on its equity investment, note offering and related ISDA Swap Transaction with respect to the State Street Redevelopment Project valued at US$120 million.Tue, 15 Mar 2016 00:00:00 Zb0be2b5d-d817-496a-8412-745c969e6850https://gowlingwlg.com/en/insights-resources/client-work/2016/gfl-acquires-enviro-viridis-development-corporatioGowling WLG acted as counsel to Enviro-Viridis Development Corporation Inc. and the sellers, including NOVACAP, with respect to the purchase of Enviro-Viridis by GFL Environmental Inc. through its wholly-owned subsidiary, Services Matrec Inc.Tue, 01 Mar 2016 00:00:00 Zcefb5d0a-a1db-4332-a957-99a27176b814https://gowlingwlg.com/en/insights-resources/articles/2016/finance-litigation-january-2016Our finance litigation experts bring you the latest on the cases and issues affecting the lending industry.Thu, 28 Jan 2016 00:00:00 Zdd8a45da-cbc9-42d7-abef-0690263d6d6chttps://gowlingwlg.com/en/insights-resources/articles/2015/regulatory-round-up-november-2015Wragge Lawrence Graham & Co's regulatory experts provide their monthly bite size overviews of the major legal and regulatory developments and news for the consumer, asset and automotive finance sectors.Fri, 27 Nov 2015 00:00:00 Zef36b1b2-7df4-4f96-b99a-b5a95233e31fhttps://gowlingwlg.com/en/insights-resources/articles/2015/the-risks-of-seeking-investment-via-crowdfundingSeeking investment used to involve trawling banks, angels and VCs. This was a gruelling process. It involved thorough preparation, challenging questions and, more often than not, painful rejection. With crowdfunding you can put a pitch on a platform and wait for the cash to start rolling in. Happy days.Wed, 18 Nov 2015 00:00:00 Z23c59148-5bea-4a33-86b1-834d9afc6a09https://gowlingwlg.com/en/insights-resources/client-work/2015/gowling-wlg-advises-on-financing-of-tsawwassen-comGowling WLG acted as counsel for a syndicate of lenders led by Otéra Capital Inc.Mon, 02 Nov 2015 00:00:00 Zb1cc1464-b332-45dc-a5d5-83071d7e3bb8https://gowlingwlg.com/en/insights-resources/articles/2015/the-consumer-rights-actThe Consumer Rights Act 2015 (CRA) came into force on 1 October 2015, and will apply to contracts made between businesses and consumers.Thu, 01 Oct 2015 00:00:00 Zdfd00c4a-a5f1-42b4-872d-581d9aafaa3bhttps://gowlingwlg.com/en/insights-resources/articles/2015/regulatory-round-up-september-2015Our experts provide their monthly bite size overviews of the major legal and regulatory developments and news for the consumer, asset and automotive finance sectors.Wed, 30 Sep 2015 00:00:00 Zef75db29-8005-4a45-8950-d5ff5a381695https://gowlingwlg.com/en/insights-resources/articles/2015/the-takeover-panel-s-consultation-on-proposals-toThe consultation period for Consultation Paper PCP2015/2 published by the Panel on Takeovers and Mergers (the "Panel") on 14 July 2015 ended on 11 September 2015, with the rule changes expected to become effective shortly (subject to any issues arising from the consultation exercise).Tue, 22 Sep 2015 00:00:00 Z45523ab0-de9f-4304-acd9-26775dd25047https://gowlingwlg.com/en/insights-resources/articles/2015/the-uk-mid-market-debt-trends-2015The recent growth and renewed confidence in the UK economy has seen increasing buoyancy in the debt markets and numerous new non-bank funds entering the market. With the prolonged low interest rate environment, fund managers are increasingly keen to set up direct-lending operations to generate returns of 10% or more.Tue, 22 Sep 2015 00:00:00 Z4f53627e-f882-4d4c-9d7e-654fad50cf76https://gowlingwlg.com/en/insights-resources/articles/2015/practical-justice-permits-return-of-a-not-so-nNeither depreciation, intermittent use nor delay prevented a purchaser from rescinding a contract to purchase a 'brand new' car and recovering the purchase price.Tue, 01 Sep 2015 00:00:00 Za6469641-53c0-4a88-b687-2e2eb9afcad7https://gowlingwlg.com/en/insights-resources/articles/2015/regulatory-round-up-august-2015Our experts provide their monthly bite size overviews of the major legal and regulatory developments and news for the consumer, asset and automotive finance sectors.Thu, 13 Aug 2015 00:00:00 Z2ed4db46-6b96-4cf3-8cef-b02c06d9995ahttps://gowlingwlg.com/en/insights-resources/articles/2015/unregulated-agreement-remains-unregulatedThe Court of Appeal has handed down its judgment in the NRAM PLC v McAdam and others test cases bringing relief to NRAM PLC, and undoubtedly other lenders.Fri, 31 Jul 2015 00:00:00 Zdaaa6333-1c31-4ddc-a5af-112c46fb0beehttps://gowlingwlg.com/en/insights-resources/articles/2015/mind-the-gapThis article was originally published in the July 2015 issue of Motor Finance.Mon, 27 Jul 2015 00:00:00 Z3ceb7f49-8908-41d2-a1f5-0fa6aaee1d6fhttps://gowlingwlg.com/en/insights-resources/articles/2015/regulatory-round-up-july-2015Our experts provide their monthly bite size overviews of the major legal and regulatory developments and news for the consumer, asset and automotive finance sectors.Tue, 14 Jul 2015 00:00:00 Z7d360a90-aa49-467d-835b-e155e8bac827https://gowlingwlg.com/en/insights-resources/articles/2015/changes-to-disp-come-in-to-force-on-9-julyThis article was originally published in the June 2015 edition of Motor Finance.Tue, 30 Jun 2015 00:00:00 Z5ec1b614-468a-4cb7-afa9-e27cee3d5954https://gowlingwlg.com/en/insights-resources/articles/2015/regulatory-round-up-june-2015Our finance experts provide the first in a series of monthly bite size overviews of the major legal and regulatory developments and news for the consumer, asset and automotive finance sectors.Fri, 26 Jun 2015 00:00:00 Z4dd49910-938b-45ab-89cf-f7ce320a0cb4https://gowlingwlg.com/en/insights-resources/articles/2015/the-consumer-rights-act-2015The Consumer Rights Act 2015 (CRA) received Royal Assent on 26 March 2015 and is expected to come into force on 1 October 2015.Tue, 26 May 2015 00:00:00 Z86d3846b-3813-4e15-ae39-957d0f534216https://gowlingwlg.com/en/insights-resources/articles/2015/informed-consent-and-commissionThis article originally appeared in Motor Finance April 2015.Wed, 13 May 2015 00:00:00 Z4bd9e91a-c583-4b42-bdab-6d96ea85cf97https://gowlingwlg.com/en/insights-resources/articles/2015/mifid-2-and-the-new-cost-of-researchThis article was originally published by Thomson Reuters on complinet.com on 1 April 2015.Thu, 09 Apr 2015 00:00:00 Z0f44d77a-02fb-4353-bc3e-7076ca33b767https://gowlingwlg.com/en/insights-resources/articles/2015/markets-in-financial-instruments-directive-iiIf you are in the commodities or energy business and benefit from an exemption from the Markets in Financial Instruments Directive (MiFID) you should be aware of the changes to be brought in by MiFID II which are aimed at widening the net and bringing more firms within the scope of regulation.Mon, 05 Jan 2015 00:00:00 Zaeb1466e-ea6f-4e5c-8f51-68a1371c4b6dhttps://gowlingwlg.com/en/insights-resources/articles/2014/the-supreme-court-rules-on-unfair-relationshipsThe Supreme Court has delivered its long awaited judgment in Plevin v Paragon Personal Finance Ltd & Another, which has potentially far reaching implications for lenders.Mon, 17 Nov 2014 00:00:00 Zded0df9e-dce9-42e2-8acd-e3a2047d0abahttps://gowlingwlg.com/en/insights-resources/articles/2014/french-law-techniques-serving-islamic-financeIslamic finance is booming. Sharia law essentially prohibits investments in certain sectors considered as illicit ("haram") and the payment and receipt of interest ("ribha").Mon, 07 Jul 2014 00:00:00 Z9e97fe12-68cc-44fe-9d3b-3e969b22f7e7https://gowlingwlg.com/en/insights-resources/articles/2014/the-financial-conduct-authority-s-overhaul-of-clieAround 1500 firms regulated by the Financial Conduct Authority (FCA) (collectively holding more than £10 trillion of custody assets and more than £100 billion of client money) are subject to the client assets regime and must now come to grips with substantial changes coming into effect under the FCA's Client Assets rules (CASS).Wed, 18 Jun 2014 00:00:00 Zd9d37bed-f20b-4a91-8cd5-ce73e1fdc127https://gowlingwlg.com/en/insights-resources/articles/2014/french-decree-extends-the-number-of-sectors-in-whiOn 14 May 2014, France issued a decree extending the number of sectors in which foreigners cannot invest without state authorization.Thu, 12 Jun 2014 00:00:00 Zdfab60dd-7f2a-481d-971d-c4c38eb80744https://gowlingwlg.com/en/insights-resources/articles/2014/refusing-to-mediate-a-brave-decisionIt is a well-established principle that serious cost consequences may flow from an unreasonable refusal to engage in alternative dispute resolution (ADR). If further support was needed for this principle it has come in the case of Phillip Garritt-Critchley & Others v Andrew Ronnan & Solarpower PV Limited [2014].Tue, 10 Jun 2014 00:00:00 Z2b27b79b-291b-4909-b0c6-94a54eeadfa4https://gowlingwlg.com/en/insights-resources/articles/2014/wealth-management-and-asset-management-sectors-whHow does this regulatory plan for 2014/15 affect your firm? Our experts outline some of the key issues for which the asset management, wealth management/private banking sectors should prepare.Thu, 08 May 2014 00:00:00 Z6840047a-1078-4dba-86ad-7526d6e07b6chttps://gowlingwlg.com/en/insights-resources/articles/2014/game-station-fair-playThe Court of Appeal has decided that rent accruing during a period of administration should be treated as an expense of the administration, irrespective of the date on which it falls due for payment. Administration expenses are paid by administrators in priority to liabilities owed to holders of security.Tue, 04 Mar 2014 00:00:00 Z2ff751c6-5638-4492-a4d7-e7376c287ac5https://gowlingwlg.com/en/insights-resources/articles/2013/ate-premiums-must-relate-to-the-cost-exposureThe reasonableness (or otherwise) of a pre-1 April 2013 after the event (ATE) premium which a winning party seeks to recover from a losing party in litigation is often a contentious issue, particularly in lower value claims.Tue, 05 Nov 2013 00:00:00 Zb48feeea-e6e0-4058-b388-f417986d9bb4https://gowlingwlg.com/en/insights-resources/articles/2013/proposed-amendments-to-canada-s-early-warning-repoFri, 15 Mar 2013 00:00:00 Zc446c5d2-ed1c-4089-a466-d45b3349859fhttps://gowlingwlg.com/en/insights-resources/guides/2022/guide-insolvency-in-canada-2022-law-and-practiceGowling WLG lawyers David Cohen, Virginie Gauthier, Thomas Gertnerr, Cliff Prophet and Kate Yurkovich are contributing authors for the Law and Practice section of the Chambers and Partners Insolvency 2022 Global Practice Guide for the Canadian jurisdiction.Mon, 01 Jan 0001 00:00:00 Z