In addition to the recovery of loans granted by financial institutions, a field in which our office has the solid expertise you can rely on, we are also qualified to take on cases in which the liability of a bank or other financial institution is at stake.
In addition to the recovery of loans granted financial institutions, involving the guarantee in the form of tangible and intangible property (hypothecs), a field in which our office has the solid expertise you can rely on (see the heading Collection), we are also qualified to take on cases in which the liability of a bank or other financial institution is at stake. Such examples include the untimely or unreasonable recall of a loan, of a line of credit or other credit conveniences, as plaintiff or defendant.
Banking Law also includes all rules applicable to bills of exchange (cheques, bank notes, etc.), surety bonds furnished as a guarantee for the reimbursement of a loan, as well as to any and all rules concerning the application of the Consumer Protection Act regarding credit contracts, i.e. money lending contracts, variable credit contracts (credit margins, credit cards, etc.) and contracts involving credit. We have expertise in all of these areas.
Me Vincent Kaltenback from our office has participated in a major class action suit against a financial institution in which the calculation of interest on credit in a variable credit contract was involved. Our office has also successfully pleaded a case before the Supreme Court of Canada concerning Mortgage Law.