Précis: A requirement to pay was served on the Caisse Desjardin in connection with one of its customers. Although the customer had money in its account when the requirement was received it was also indebted to the Caisse on a variable credit contract; the Caisse applied the money in the account to that debt rather than paying it in accordance with the requirement.
R. v. Caisse Desjardin de Québec – FCA: Requirement to pay served on bank of insolvent customer not effectiveREAD MORE »