The Superior Court dismisses an action taken against EDC and IQ by the surety of a bankrupt company

The Superior Court of Quebec rules in favor of Export Development Canada (“EDC”) and enforces a "[unequivocal]" Waiver against the surety who signed it in the context of a loan guarantee granted to the RBC.

Relevant Facts

Filed under:
Canada, Quebec, Company & Commercial, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Export Development Canada
Authors:
Charles A. Foucreault , Nicolas Ewart , Ada Wittenberger
Location:
Canada
Firm:
Clyde & Co LLP