Ontario has introduced a series of significant amendments to the Personal Property Security Act (Ontario) (the PPSA). The last major amendments to the PPSA occurred in 1989. This Osler Update highlights amendments to the PPSA that are of particular interest to court officers of insolvent enterprises and others taking or enforcing security.
Canada, Banking, Insolvency & Restructuring, Osler Hoskin & Harcourt LLP, Debtor, Collateral (finance), Security (finance), Breach of contract, Interest, Personal property, Common law, Default (finance), Secured creditor, Credit default swap, Uniform Commercial Code (USA), Personal Property Security Act 1990 (Canada)