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	<title>The Litigator - Affleck Greene McMurtry, LLP &#187; Banking Litigation</title>
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		<title>Banker Beware: Bank may be liable to third parties for its client’s fraud</title>
		<link>http://www.thelitigator.ca/2012/06/banker-beware-bank-may-be-liable-to-third-parties-for-its-clients-fraud/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=banker-beware-bank-may-be-liable-to-third-parties-for-its-clients-fraud</link>
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		<pubDate>Wed, 13 Jun 2012 15:20:31 +0000</pubDate>
		<dc:creator>David N. Vaillancourt</dc:creator>
				<category><![CDATA[Banking Litigation]]></category>
		<category><![CDATA[Class Actions]]></category>
		<category><![CDATA[Commercial Litigation]]></category>
		<category><![CDATA[Frauds, Misrepresentation, Deceit]]></category>

		<guid isPermaLink="false">http://www.thelitigator.ca/?p=1441</guid>
		<description><![CDATA[A bank may be liable to non-customers who are victims of a fraud carried out by a customer of the bank if the bank had constructive knowledge (but not actual knowledge) of the customer&#8217;s fraud, according to a recent decision by an Ontario court.&#160; In Pardhan v. Bank of Montreal, 2012 ONSC 2229, Justice Horkins&#160;<a href="http://www.thelitigator.ca/2012/06/banker-beware-bank-may-be-liable-to-third-parties-for-its-clients-fraud/">[...]</a>]]></description>
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		<title>Denial of Mareva injunction due to Bank’s “dirty hands” upheld</title>
		<link>http://www.thelitigator.ca/2012/05/denial-of-mareva-injunction-due-to-banks-dirty-hands-upheld/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=denial-of-mareva-injunction-due-to-banks-dirty-hands-upheld</link>
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		<pubDate>Mon, 28 May 2012 16:49:01 +0000</pubDate>
		<dc:creator>Kyle J. Peterson</dc:creator>
				<category><![CDATA[Banking Litigation]]></category>
		<category><![CDATA[Commercial Litigation]]></category>
		<category><![CDATA[Injunctions]]></category>
		<category><![CDATA[Mareva injunction]]></category>
		<category><![CDATA[royal bank of canada]]></category>

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		<description><![CDATA[Advancing unfounded allegations of fraud and overstating its case may preclude a party from attaining equitable relief. A panel of the Ontario Divisional Court upheld Justice Stinson's dismissal of a motion to continue an interim Mareva injunction brought by the Royal Bank of Canada.]]></description>
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		<title>Lenders not liable for failing funds</title>
		<link>http://www.thelitigator.ca/2006/11/lenders-not-liable-for-failing-funds/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lenders-not-liable-for-failing-funds</link>
		<comments>http://www.thelitigator.ca/2006/11/lenders-not-liable-for-failing-funds/#comments</comments>
		<pubDate>Sun, 19 Nov 2006 19:09:34 +0000</pubDate>
		<dc:creator>Kyle J. Peterson</dc:creator>
				<category><![CDATA[Banking Litigation]]></category>
		<category><![CDATA[Commercial Litigation]]></category>
		<category><![CDATA[Securities Litigation]]></category>
		<category><![CDATA[advisor]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[broker]]></category>
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		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[IDA]]></category>
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		<category><![CDATA[lenders]]></category>
		<category><![CDATA[lending]]></category>
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		<category><![CDATA[registered representative]]></category>
		<category><![CDATA[regulatory requirements]]></category>
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		<description><![CDATA[If investors borrow money to invest in mutual funds, and the funds do not perform up to expectations, are the lending financial institutions on the hook? This question was the subject of the recent Court of Appeal decision in Baldwin et al. v. Daubrey et al.]]></description>
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