(Saskatchewan Court of Appeal) The court rejected the idea of making rulings of prospective effect only. Prospective overruling would be a ‘dramatic deviation from the norm in both Canada and England’. Bayda CJS said ‘the most cogent reason for rejecting this technique is the necessity for our courts to maintain their independent, neutral and non-legislative role’. He approved comments that prospective overruling ‘would distort our expectations of the judicial role’ and that ‘confidence may recede at the point where the courts are not seen as adjudicative agencies but as legislators’
(1987) 39 DLR (4th) 654
Cited – National Westminster Bank plc v Spectrum Plus Limited and others HL 30-Jun-2005
Former HL decision in Siebe Gorman overruled
The company had become insolvent. The bank had a debenture and claimed that its charge over the book debts had become a fixed charge. The preferential creditors said that the charge was a floating charge and that they took priority.
Held: The . .
Lists of cited by and citing cases may be incomplete.
Updated: 30 April 2022; Ref: scu.228293