Archive for category Securities

Goldmine in Your Attic

By Natalia Ros Have you ever thought of what your Attic may be hiding from you? Chances are, you never climbed into that covered hole in your closet’s ceiling, especially if you have a fear of spiders. Recently, one of our clients had decided to check what was in her Attic. She had inherited her […]

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Credit Due Diligence? Easy!

By Natalia Ros If you are in lending business, you know how important it is to fund your clients efficiently. You also know how critical it is to assess the risk levels associated with a particular file and the nature of pricing driven by given risk factors. As a Credit Die Diligence Service provider, we […]

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Unexpected PPSA Complication Revealed by Alberta Court Decision

ESC Blog Post August 7, 2012   We have just found out and wanted to notify our readers and customers about some pitfalls of the Personal Property Security Act (PPSA) when it comes to lenders registering security against equipment located outside Ontario, as has been demonstrated by a recent court decision held in Alberta. When […]

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How to Determine Corporate Insolvency

Solvency of a corporation is a major factor determining its ability to successfully carry on business with positive cash flow, to pay its business debts, and to be able to purchase new business assets. When a company is not able to do any of the above, it’s insolvent. Insolvency comes in several forms and shapes: […]

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Bulk Sales Act and Bulk Sales Affidavit

The term Bulk Sales confuses some of us, and thus the purpose of the Bulk Sales legislation is often unclear. A bulk sale happens when a business sells all or substantially all of its goods, inventory, chattels and fixtures to a single buyer, unless such a transaction is common in the ordinary course of the […]

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Money Laundering is still a growing issue in Canada

Not so long ago, Canadian Government introduced the new “Know Your Client” requirements in order to address the ever-growing problem of so called money laundering in Canada. What is money laundering and why it needs law to deal with it? ­Money lau­ndering proves to be a problem in almost every country in the world and […]

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What are Securities Filings and How to Search Them

SECURITIES FILINGS AND SEARCHES Bulk Sales Act Searches- Ontario Only A sale “in bulk” happens when a business, outside of regular course of business, sells large quantities of its stock or sells its assets an equipment which belong to business. The Bulk Sales Act protects the creditors of a business from the loss of the […]

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