Yes, there is a legal mechanism to appeal a currency seizure by the Canada Border Services Agency (“CBSA”). You have a legal obligation to report any import and/or export of currency and/or monetary instruments of more than $Canadian 10,000 (including the equivalent in other currencies). We say “more than $Canadian 10,000”, we mean the combined
When the Canada Border Services Agency Seizes Your Cash, What Can You Do To Get Your Cash Back?
The Canada Border Services Agency (“CBSA”) may seize your cash if you are carrying financial instruments over $Canadian 10,000 and fail to declare the financial instruments when you enter Canada or leave Canada. When arriving in Canada by air, all passengers complete the E311 form – Declaration Card. One of the questions on the
Corporate Officers Becoming Liable for Negligent Acts Is Reconsidered
In July 2013, the decision of the Court of Appeals for the Federal Circuit (CAFC) was announced in United States v. Trek Leather, Inc. and Harish Shadadpuri, Case No. 2011-1527 (July 30, 2013). Harish Shadadpuri (Shadadpuri) was the President and sole shareholder of Trek Leather, Inc. (Trek). The question before the appellate court was whether,