Royal Bank v. 1132959 Ontario Ltd., 2008 CanLii 40231

In Constitutional Issues in Maritime Law on (Updated )

This was an application by the Appellant bank (the “Bank”) for possession of a yacht pursuant to rights allegedly acquired through a general security interest. The application was opposed by the Respondent, who was registered as the owner of the yacht under the Canada Shipping Act (“CSA”), on the grounds that the bank’s interest was not registered under the CSA. …

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