This course deals at an advanced level with the legal principles and practical aspects of the granting of credit and the taking of security by Canadian financial institutions, having regard to the security provisions in the Canadian Bank Act and the personal property security legislation now in force in various provinces. The first half of the course deals with the creation, perfection, priorities and enforcement of security interests outside bankruptcy. The second half focuses on the treatment of security interests in bankruptcy under the Canadian Bankruptcy and Insolvency Act, and in particular in light of the 1992 amendments to the Bankruptcy and Insolvency Act and the provisions of the Companies’ Creditors Arrangement Act. Particular attention will be paid to the secured creditor’s position in the reorganizations of insolvent businesses, and the role of privately appointments receivers in the enforcement of security interests.

Pre/anti-requisites

Pre-requisite For students outside the BFSL specialization: BFSL 6800: Introductory course I: Introduction to Financial Services Law or Demonstrated foundational knowledge of Canadian bankruptcy and insolvency law concepts.

NCA equivalence:

N/A

Terms Offered

Winter 23

Video conference only

3.0 credits

Enrolled in a full-time or part-time LLM program?

Apply via the application form in your email.

Are you a current or incoming graduate student at OsgoodePD? if you’d like to take this course, follow the instructions during your course selection period. For more information, contact your program assistant.

Looking to take a single course?

Take up to 12 credits as a non-degree student through Single Course Enrollment (SCE) and apply your credits to a future LLM degree.

Tuition and fees

Please note that the tuition/fees displayed here are subject to change, and may vary depending on your entry term.

Domestic

$1,900.40

International

$3,632.02

Students are also subject to supplementary fees including health benefits. Find out more about supplementary fees here.

How to Apply

Some courses are available to students not enrolled in full- or part-time LLMs by following the steps below.

Create Your OsgoodePD Applicant Profile

Create an applicant profile in our online application portal. This portal allows us to gather your information, transcripts, and other documents electronically. You will receive an email with directions outlining how to create a new password for your application, along with a link to access the application.

Upload Application Documents

The following documents are required:

  • Resume/CV
  • Copy of JD/LLB Transcripts
  • Copy of Current NCA Assessment (if applicable)
  • Proof of Language Proficiency (if applicable)

For more information, see our Application Documents to Upload section.

Pay and Submit

Once your application is completed, you will be required to pay a non-refundable $50CAD application fee.

Wait for Review

Decisions are issued approximately two weeks after the application deadline.

Application Deadline

For the Winter 2021 intake, the deadline for application for Single LLM Courses is July 26, 2020. Applications for Summer 2021 will open December 2020.

Frequently Asked Questions

Client and Technical Support

Have questions? Get advice in person, by email or over the phone.

*Professional LLM courses may be eligible for CPD/MCLE credits in other Canadian jurisdictions. To inquire about credit eligibility, please email cpd@osgoode.yorku.ca