Law Society of Saskatchewan CPD Activities CPD 344.3: Forbearance Agreements – Considerations for Debtors and Creditors (Session 3, Debtor-Creditor Update 2022)
CPD 344.3: Forbearance Agreements – Considerations for Debtors and Creditors (Session 3, Debtor-Creditor Update 2022)
Presenters: Janine Lavoie-Harding, McKercher LLP. Ryan Pederson, Leland Kimpinski LLP.
Janine Lavoy Harding and Ryan Peterson delve into forbearance agreements, discussing their importance for debtors and creditors, key terms, and the influence of COVID-19. They explore traditional and alternative forbearance agreements, their purposes, and considerations for drafting them. They also discuss the impact of statutory provisions like the Saskatchewan Farm Security Act and the federal Interest Act, and judicial commentary on these agreements.