Eurobank Ergasias v. Bombardier

Hard Cases – Taking Stock of How Trader Defaults and Geopolitical Events Shaped LC Court Decisions in 2024
In the first of a two-part article, Robert Parson looks back at major LC court cases of 2024 and their impact on an increasingly complex environment for trade finance.
![Eurobank Ergasias S.A. v. Bombardier Inc. [2024]](/content/images/size/w100/2024/08/eurobank-v-bombadier-court-case-dcw.jpeg)
Eurobank Ergasias S.A. v. Bombardier Inc. [2024]
The Canadian Supreme Court affirmed Quebec appellate and trial courts, upholding permanent injunction restraining Counter-Guarantor against payment of demand by Counter-Guarantee Beneficiary.

Eurobank Ergasias S.A. v. Bombardier Inc.:
Guarantors Caught Between Home Courts That Do Not Apply the Fraud Exception and Courts in the Counter-Guarantor's Country