If a lender is involved in fraud, can the lender enforce the contract?
Alberta, Canada
The following excerpt is from First National Financial GP Corporation v. Kulaga, 2012 ABQB 8 (CanLII):
However, this legal principle cuts both ways. If the lender was involved in some way in the fraud, it too may have difficulty enforcing the contract due to its legality. See: Letkeman v. Zimmerman 1977 CanLII 196 (SCC), [1978] 1 S.C.R. 1097.
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