Is a Direction to Pay and Irrevocable Assignment of Proceeds a single transaction?
British Columbia, Canada
The following excerpt is from Fontaine v. Canada (Attorney General), 2008 BCCA 329 (CanLII):
The characterization of a Direction to Pay and Irrevocable Assignment of Proceeds as two parts of a single transaction is a finding of mixed fact and law. To interfere with it we must be satisfied there is a palpable and overriding error: Housen v. Nikolaisen, [2002] 2 S.C.R. 235, 2002 SCC 33.
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