Canada’s Supreme Court Narrows Banks’ Legal Defense to Check Fraud
By William E.J. Skelly, Counsel & Chase Salembier, Articling Student, MLT Aikins LLP
The Supreme Court of Canada recently found two banks liable in conversion for a $5.5 million check fraud carried out by a former employee of a major pharmaceutical company. The decision stands as the court’s most recent consideration of the “fictitious or non-existent” payee defense to the tort...
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Chase Salembier is currently an articling student at MLT Aikins LLP in Regina. He is a recent graduate of the University of Alberta, Faculty of Law. He can be reached at firstname.lastname@example.org.
William E.J. Skelly is counsel for MLT Aikins LLP in Vancouver. He maintains a corporate and commercial law practice with a focus on insolvency law, corporate and commercial lending, and real estate, and is recognized for restructuring national and international companies. He can be reached at email@example.com.