In this issue, Fraser Milner Casgrain's Financial Services Group discusses court decisions regarding: a corporation's right to prepayment of a closed mortgage; whether the lender's imposition of a cap on a revolving line of credit constitutes a fundamental breach; the extent of directors' and officers' liability for unpaid wages that have accrued or are payable; and whether lenders owe a fiduciary duty to clients who borrow for investment purposes.

Read our Focus on Financial Services newsletter to learn more.