Within two months after issuance of the notes, all of the original noteholders entered into side agreements with plaintiff that, contrary to the indenture calling for all payments of the notes to be made in Canadian dollars, called for payment in U.S. dollars. After defendants, subsequent purchasers of the notes, demanded payment of the notes' monthly interest in Canadian dollars, plaintiff refused. Although plaintiff argues that one cannot assign greater rights than one...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
