Court reaffirms lenders can only compel sale of borrower’s property through sheriff’s sale

By Scott Lemke and Alexa Cheung (August 9, 2024, 1:44 PM EDT) -- Civil litigators would be wise to take note that in Royal Bank of Canada v. Silvaggio (c.o.b. Tony's Mobile Repairs), 2024 ONSC 2749, the court reiterated that in most circumstances, a lender can only compel the sale of a borrower’s property through a sheriff’s sale, unless the lender can meet the high threshold to convince the court otherwise....