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Banking Law: fees and penalties

The Court of Québec has dismissed a claim made by a bank against a client for alleged fees and penalties related to the cashing before maturity of the guaranteed investment certificates (GIC) which had been granted to the Bank as collateral to a credit facility. (Toronto Dominion Bank v. Bouganim, January 18, 2008). Dubé Légal inc., Montreal Civil and Commercial Litigation Lawyers.