Coop fédérée v. Compagnie d’assurances générales Co-Operators, 2016 QCCS 6302
Following a fraudulent phishing scheme, La Coop Fédérée (“the Coop”) was robbed of 4,946,355.26 USD via wire transfer. It is claiming this amount from its insurers, La Compagnie d’assurance Liberté Mutuelle (“Liberté Mutuelle”) and La Compagnie d’assurance générale Co-Operators (“Co-Operators”). The latter party turned to the National Bank of Canada (“NBC”), arguing that it should bear the loss.
