DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Pacific Atlantic Pipeline Construction Ltd v. Coastal GasLink Pipeline Ltd.
4 articles
![Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2024]](https://storage.ghost.io/c/6d/b6/6db674cd-2e89-4195-bf79-8273da209ce8/content/images/size/w30/2024/08/pacific-atlantic-pipeline-case-summary-dcw.jpeg)
![Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2023]](https://storage.ghost.io/c/6d/b6/6db674cd-2e89-4195-bf79-8273da209ce8/content/images/size/w30/2024/08/pacific-atlantic-pipeline-case-2023.jpeg)
DCW Articles
Canadian Supreme Court Confirms Bank Must Refuse LC Payment Due to Fraud
In Eurobank Ergasias S.A. v. Bombardier Inc., the Supreme Court of Canada takes up the fraud exception and whether it applies regarding a demand for payment under a Counter Guarantee.
DCW Feature
Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2024]
Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.
Jul/Aug 2024
Pacific Atlantic Pipeline Construction Inc. v. Coastal Gaslink Ltd. [2023]
Canada's Court of King’s Bench of Alberta denied injunction application of LC Applicant who sought to enjoin Beneficiary demand on standby LC.