était opposable – English Translation – Keybot Dictionary
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Dans l’affaire Re Pic-N-Save Limited (1973), 19 C.B.R. (N.S.) 42, tout comme en l’espèce, la pétition a été déposée avant l’enregistrement de la débenture. Le juge de première instance a conclu que la débenture
était opposable
au syndic de faillite en raison de l’art.
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In Re Pic-N-Save Limited (1973), 19 C.B.R. (N.S.) 42, the petition, as here, was filed before the registration of the debenture. The trial judge held that the debenture was valid as against the trustee in bankruptcy by reason of s. 75 and notwithstanding s. 50(4). With that the Court of Appeal (at p. 50) appears to have disagreed. Houlden J. (as he then was), sitting in Bankruptcy Court, applied s. 75 in the protection of the debenture as follows, at p. 49:
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Dans l’affaire Re Pic-N-Save Limited (1973), 19 C.B.R. (N.S.) 42, tout comme en l’espèce, la pétition a été déposée avant l’enregistrement de la débenture. Le juge de première instance a conclu que la débenture
était opposable
au syndic de faillite en raison de l’art.
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In Re Pic-N-Save Limited (1973), 19 C.B.R. (N.S.) 42, the petition, as here, was filed before the registration of the debenture. The trial judge held that the debenture was valid as against the trustee in bankruptcy by reason of s. 75 and notwithstanding s. 50(4). With that the Court of Appeal (at p. 50) appears to have disagreed. Houlden J. (as he then was), sitting in Bankruptcy Court, applied s. 75 in the protection of the debenture as follows, at p. 49: