Easy Loan Corporation v Wiseman, 2017 ABCA 58

JudgeMcDonald,Rowbotham,Berger
Subject MatterTRUSTS
Citation2017 ABCA 58
CourtCourt of Appeal (Alberta)
Date13 February 2017
Docket Number1601-0044-AC
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6 practice notes
  • Table of cases
    • Canada
    • Irwin Books Personal Property Security Law - Third Edition
    • July 26, 2022
    ...Truck Sales (Regina) Ltd (1997), 12 PPSAC (2d) 328, [1997] 5 WWR 231, [1997] SJ No 25 (QB)..... 170 Easy Loan Corporation v Wiseman, 2017 ABCA 58.......................................... 629 Econo Transport Inc (Re) (1982), 43 CBR (NS) 230, 2 PPSAC 208, [1982] OJ No 2438 (SC Master) ............
  • Following and Tracing into New Forms of Collateral
    • Canada
    • Irwin Books Personal Property Security Law - Third Edition
    • July 26, 2022
    ...“The Death and Resurrection of the Lowest Intermediate Balance Rule” (2017) 80 Sask L Rev 209. See also Easy Loan Corporation v Wise-man , 2017 ABCA 58 at paras 66−67. PERSONAL PROPERTY SECURITY LAW 630 wrongfully mixes $100 of B’s money together with $100 belonging to A in a bank account. ......
  • Byer (Re), 2022 BCSC 2018
    • Canada
    • Supreme Court of British Columbia (Canada)
    • November 18, 2022
    ...2017 BCSC 787 [Bossteam] and Easy Loan Corp. v. Base Mortgage & Investments Ltd., 2016 ABQB 77 at paras. 13 and 52, aff’d 2017 ABCA 58 [Easy Loan]. [84]       The Trustee also refers to 0731431 B.C. Ltd. v. Panorama Parkview Homes Ltd., 2021 BCS......
  • Alberta Court Clarifies Tracing Principles In Ponzi Schemes
    • Canada
    • Mondaq Canada
    • March 2, 2017
    ...in a single bank account should be distributed to their beneficiaries. The Alberta Court of Appeal in Easy Loan Corporation v Wiseman, 2017 ABCA 58 (the Appeal) recently upheld Justice Yamauchi's decision in Easy Loan Corporation v Base Mortgage & Investments Ltd, 2016 ABQB 77 directing......
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2 cases
  • Byer (Re),
    • Canada
    • Supreme Court of British Columbia (Canada)
    • November 18, 2022
    ...2017 BCSC 787 [Bossteam] and Easy Loan Corp. v. Base Mortgage & Investments Ltd., 2016 ABQB 77 at paras. 13 and 52, aff’d 2017 ABCA 58 [Easy Loan]. [84]       The Trustee also refers to 0731431 B.C. Ltd. v. Panorama Parkview Homes Ltd., 2021 BCS......
  • Sanjel Corporation (Re), 2018 ABQB 157
    • Canada
    • Court of Queen's Bench of Alberta (Canada)
    • March 1, 2018
    ...determine the lowest balance in the account and whether any trust funds remained to be traced, relying on Easy Loan Corporation v Wiseman, 2017 ABCA 58. If the interim financing funds are backed out of the operating account, the account balance would have been reduced to a negative amount i......
1 firm's commentaries
  • Alberta Court Clarifies Tracing Principles In Ponzi Schemes
    • Canada
    • Mondaq Canada
    • March 2, 2017
    ...in a single bank account should be distributed to their beneficiaries. The Alberta Court of Appeal in Easy Loan Corporation v Wiseman, 2017 ABCA 58 (the Appeal) recently upheld Justice Yamauchi's decision in Easy Loan Corporation v Base Mortgage & Investments Ltd, 2016 ABQB 77 directing......
2 books & journal articles
  • Table of cases
    • Canada
    • Irwin Books Personal Property Security Law - Third Edition
    • July 26, 2022
    ...Truck Sales (Regina) Ltd (1997), 12 PPSAC (2d) 328, [1997] 5 WWR 231, [1997] SJ No 25 (QB)..... 170 Easy Loan Corporation v Wiseman, 2017 ABCA 58.......................................... 629 Econo Transport Inc (Re) (1982), 43 CBR (NS) 230, 2 PPSAC 208, [1982] OJ No 2438 (SC Master) ............
  • Following and Tracing into New Forms of Collateral
    • Canada
    • Irwin Books Personal Property Security Law - Third Edition
    • July 26, 2022
    ...“The Death and Resurrection of the Lowest Intermediate Balance Rule” (2017) 80 Sask L Rev 209. See also Easy Loan Corporation v Wise-man , 2017 ABCA 58 at paras 66−67. PERSONAL PROPERTY SECURITY LAW 630 wrongfully mixes $100 of B’s money together with $100 belonging to A in a bank account. ......

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