Abstracts
Abstract
This article deals with the creditor's duty of good faith towards a business in financial difficulties. While the common law rules have established over the years a duty of bona fides towards the debtor, our provincial courts were wary of such innovations and, as a general rule, had refused to consider any major changes in their policy.
Recent pronouncements, however, indicate a more equitable interpretation of the creditor-debtor relationship and a consciousness of the role of the judiciary in difficult economic situations.
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