Estée Lauder
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Up to $5,000
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A
Air Canada
Air Canada and Brink's settled a lawsuit over a C$20 million gold heist at Toronto Pearson Airport. The settlement reveals airlines' liability for lost valuables is capped by international treaties.
Opening soonOntario onlyClaim deadline: Pending court decisionEstimated payout: Airlines' liability capped at C$18,500 for lost cargo under Montreal Convention.Claims not open yet
About this settlement
Lawsuit and settlement concerning the loss of C$20 million in gold and banknotes due to a heist at Toronto Pearson Airport, highlighting airline liability caps under the Montreal Convention.
Air Canada and Brink's have finalized a confidential settlement regarding a C$20 million gold and banknote heist that occurred at Toronto Pearson International Airport in April 2023. Brink's, contracted to transport the valuables, sued Air Canada over financial liability. A Federal Court ruling determined Air Canada's liability was capped at approximately C$18,500 (9,988 Special Drawing Rights) under the Montreal Convention, as Brink's did not declare a higher value for the shipment. This ruling sets a precedent that airlines' liability for lost or damaged cargo and baggage is limited by international treaty unless an excess value is declared and paid for.
Who qualifies
- Shippers and passengers whose valuables exceed statutory liability limits set by the Montreal Convention.
- This specific settlement involved Brink's and Air Canada.
Airlines' liability capped at C$18,500 for lost cargo under Montreal Convention.
Claim deadline: Pending court decision
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