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Canadian Legal Reports

Can I find out about legal actions a company may be involved in?

The appearance of a legal item in a credit report could seriously impact a company’s ability to obtain credit in the marketplace. Unless the matches are almost exact, Equifax will not match a legal item to a credit report. The reasons for unmatched actions range from typographical errors to lawyers serving papers on official corporate record addresses instead of a company’s actual physical address. Thus, thousands of legal items are stored in the Equifax database, yet are not matched to specific credit reports.

Searching this database can be done by name only. Unique to Equifax is the ability to search this database by Defendant name or by Plaintiff name. So, you can see who is suing the company you are inquiring and whom the company is also suing.

Benefits

  • Avoid costly legal battles by determining the likelihood that a Counter Claim will be filed

  • Searching for names in the database is free so If you are considering investing in a company or extending a large line of credit, a quick search can give you peace of mind

  • Simple and cost-effective. There are no additional agreements to sign to obtain this service. Reports are charged as a regular commercial report

  • Since all jurisdictions across Canada are retrieved in a search you get a company’s comprehensive national litigation profile


How does it work? Customers can order legal reports on line through the Internet or with our Equifax Direct software or by contacting our National Customer Centre at 1-877-227-8800. Simply type in the name of the company your are researching and indicate whether you are requesting a report by plaintiff or by defendant. A list of all the similar names is returned indicating the number of legal items under each. You are not charged for this search – only when you select a match that you think is right. Up to 25 separate legal actions are provided in chronological sequence.

Download a sample Canadian Legal Report (Adobe Acrobat File, size 19 KB).

Get more information on the Canadian Legal Reports (Adobe Acrobat File, size 167 KB).

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