Spencer Fane attorney Mike Patterson was recently quoted in the Phoenix Business Journal for his involvement along with Canadian Hon. Consul Glenn Williamson in obtaining agreement on reciprocal enforcement of judgments between Arizona and the Canadian province of Alberta.
Alberta’s and Arizona’s reciprocal enforcement of judgments loosens lending restrictions between banks and businesses, encouraging greater financial investment, while protecting the financial interests of parties in both jurisdictions.
“The reciprocity is not just for bank loans, but opens wide the door for greater certainty in all kinds of cross-border business contracts, joint ventures, contract services, investments in technology companies, real estate and development, technology licensing, and much more,” Mike explained.
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