Victory for a Langlois Client at the Supreme Court of Canada
Langlois’ appellate advocacy group acted as advisory counsel to the appellant in the context of the recent decision of the Supreme Court of Canada in Teva Canada Ltd. v. TD Canada Trust, a significant decision in banking and fraud law. In a 5-4 decision in Teva’s favour, the Court clarified and refined the existing law pertaining to cheque fraud liability and the statutory defences available to banks under the Bills of Exchange Act against conversion claims. The judgment will also serve as a key precedent on the subject of stare decisis, or the Court’s ability to overturn its own precedents. The judgment is available at the following link: Teva Canada Ltd. v. TD Canada Trust, 2017 SCC 51.