• Bank of Montreal v. Peri Formwork Systems Inc.
  • January 23, 2012 | Authors: Geoffrey Thompson; Edward J.T. Wang
  • Law Firm: Borden Ladner Gervais LLP - Vancouver Office
  • In the recently released Judgment in Bank of Montreal v. Peri Formwork Systems Inc., the British Columbia Court of Appeal was called upon to decide whether a Monitor, under the Companies’ Creditors Arrangement Act (“CCAA”), or a Receiver, under the Builders Lien Act, could borrow monies to complete a development project in priority to claims of builder’s liens registered against the project.