The appellant, an Ontario corporation, sought to enjoin an Israeli bank from drawing upon a letter of credit issued by a Canadian bank in Ontario.
The motion judge stayed the action, finding that Israel was the more convenient forum.
The Court of Appeal dismissed the appeal, holding that while Ontario had jurisdiction, the motion judge did not err in concluding that Israel was the more convenient forum given that the majority of witnesses and evidence were located there, and the factual matters in dispute arose in Israel.
