Posted by: Beth P. McLain and Norman D. Anderson
|
August 24, 2012
|Filed under: Business Litigation
The recent decision in Liberty Mortgage Services Ltd. v. Canada (National Revenue), 2012 ABCA 225 (“Liberty Mortgage”), changes the Civil Enforcement landscape in Alberta by allowing the Crown to assert priority over other unsecured creditors. Any debt holder trying to collect against a debtor should now consider whether any debts are also owed to the Crown.