Clyde & Co Case Commentary: The Superior Court dismisses an action taken against EDC and IQ by the surety of a bankrupt company

Charles Foucreault, Nicolas Ewart and Ada Wittenberger of Clyde & Co summarize a case where the Quebec Court commented on the interpretation of guarantees to financial institutions, recognizing the commercial reality in which these institutions operate and highlighting the lack of ambiguity in the text of the guarantees in this particular case.

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