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Redemption Defined

Buying back. When a vendor later buys the property back. A right of redemption gives the vendor the right to buy back the property. In some jurisdictions where a mortgage transfers title to the lender until the mortgage is paid off, the "buying back" of the property is known as redemption.

This definition is in context to Canadian Law. See more contextual defintions for Redemption.


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Frequent flyers look to sue over lost travel points

Published July 3, 2009, 7:28 pm, Canada.com

A Regina law firm is trying to launch a class-action lawsuit on behalf of angry members of a frequent-flyer program, challenging Groupe Aeroplan Inc.'s practice since October 2006 of cancelling points Canadians accumulate in the loyalty program.

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Interview with Colum McCann

Published July 3, 2009, 6:36 pm, San Francisco Chronicle

Let the Great World Spin By Colum McCann (Random House; 368 pages; $25) "You cannot read any image of the World Trade Center without thinking of 9/11," Colum McCann says, referring to a photograph in his new novel of a man walking a tightrope between the twin...

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Class-action suit allowed against Aeroplan for cancelled points

Published July 3, 2009, 3:35 pm, Ottawa Citizen

The Quebec Superior Court has granted authorization to launch a class-action lawsuit challenging Groupe Aeroplan Inc.'s practice since October 2006 of cancelling points accumulated in its loyalty program.

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Banks to accept state IOUs

Published July 3, 2009, 7:31 am, The Santa Rosa Press Democrat

By MARTIN ESPINOZA THE PRESS DEMOCRAT Banks and local credit unions announced Thursday they would honor state-issued IOUs, allaying initial fears that government vendors and taxpayers would have no immediate way to collect what’s owed to them.

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Nigeria: Suspense as Shinkafi's Fate Hangs Over Defection

Published July 3, 2009, 1:57 am, AllAfrica.com

Lagos — The Gusau Division of the Federal High Court recently fixed October 12, 2009 to deliver judgment in the case brought before it by the All Nigeria Peoples Party (ANPP) challenging the defection of Governor Mahmud Aliyu Shinkafi of Zamfara State and his Deputy, Alhaji Mukhtar Ahmad Anka to the Peoples Democratic Party (PDP). Presiding judge of the court, Justice Adamu Bello, after ...

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Letters: Dialing a cell phone dangerous in a car

Published July 2, 2009, 1:17 pm, The Republican

Dialing a cell phone dangerous in a car � I read the letters to the editor in The Republican every day. The wide variety of issues covered and the differing opinions are incredible. Thanks for the good old U.S.A.

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IOUs: All You Need To Know

Published July 2, 2009, 12:46 pm, KNX 1070 Los Angeles

1. What is a registered warrant? A registered warrant is a “promise to pay,” or an IOU, that is issued by the State when there are not enough funds to pay all of its General Fund obligations.

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Board sets rate, date for IOUs

Published July 2, 2009, 12:28 pm, The Sacramento Bee

State finance officials set a 3.75 percent interest rate and an Oct. 2 redemption date this morning for the IOUs that begin going out this afternoon, while legislators and the governor continue to wrestle with the state's budget problems.

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Lawyer: Benefits far outweigh headaches in the new joint stock company law

Published July 2, 2009, 11:46 am, KYIV Post

The long-awaited law on joint stock companies, which aims to strengthen minority shareholder rights and bring Ukrainian legislation on corporate governance closer to international and transparent standards, came into force on April 29. Companies have two years to comply and change their statutes, other documents and structure.

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China's Green Dam 'Definitely' Coming

Published July 2, 2009, 11:04 am, InformationWeek

The controversial requirement that PCs in China come with the Green Dam Web filter may have been postponed, but the rule will be implemented, a Chinese official insists.

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