North America: Finance and Banking

Section 160 of the Income Tax Act (ITA) is one of the most potent collection tools available to the Canada Revenue Agency (CRA). While most tax liabilities are personal to the individual who earned the income, section 160 creates a form of “derivative” or secondary liability.

The US and European markets for collateralized loan obligation securities (CLOs) in 2025 carried the momentum of a robust 2024 through headwinds from tariff announcements...

Starting a small business can be difficult; competition with established companies, shifting economic demands, and consumer expectations can culminate in an unpredictable and costly endeavour.

The explosive growth in demand for data center capacity has created one of the most active infrastructure financing markets in recent memory.

El Senado de la República aprobó un proyecto de decreto que expide una nueva Ley para el Fomento de la Inversión en Infraestructura Estratégica...

Project financing will play a critical role in meeting Canada’s energy superpower ambitions. The project finance landscape in Canada for 2026 is characterized by a shift from "high interest rate defense" to "strategic execution"...

In Alberta, it is common for mortgage agreements to include clauses waiving statutory protections under Sections 49 and 52 of the Expropriation Act.

Connecticut's Department of Banking has taken enforcement action against a lead-generation company for conducting mortgage lead-generation activities without proper state licensing, marking the second time the company has faced such allegations. The case highlights ongoing regulatory scrutiny of licensing compliance in the consumer financial services sector and the consequences of operating without required state authorizations.

Not all guarantees are created equal. There is considerable confusion amongst mortgage lenders when structuring a mortgage loan highlighted by a recurring tendency to insist...

The US and European markets for collateralized loan obligation securities (CLOs) in 2025 carried the momentum of a robust 2024 through headwinds from tariff announcements...

Who purchases charged-off debt, and how do these transactions actually work? This episode explores the specialized world of debt buyers, examining how they evaluate portfolios through legal...

Event contracts, commonly known as prediction markets, have rapidly expanded to forecast elections, economic indicators, and other outcomes. As these markets grow, understanding the regulatory framework governing participation becomes critical. This overview examines the CFTC registration categories—from intermediaries and market infrastructure to market participants—that entities must navigate when engaging in event contract activities.