Adam J. Wygodny

The applicant sought a declaration that a vendor take-back mortgage was paid in full, arguing that a price adjustment clause in the Agreement of Purchase and Sale reduced the outstanding balance to zero.

The agreement stipulated that the price adjustment, based on the ratio of non-developable land, was to be calculated at the end of the fifth year of the mortgage term.

The applicant missed this deadline, arguing it was impossible to determine the non-developable land due to ongoing environmental consultations regarding an endangered minnow species.

The court dismissed the application, holding that time was of the essence and the failure to invoke the price adjustment mechanism at the stipulated time precluded any adjustment.

The appellants appealed part of a Master's order denying their motion to dismiss the respondents' counterclaim in a mortgage enforcement action.

The appellants had obtained summary judgment on the main action but sought dismissal of counterclaim allegations including repayment of funds deducted from the mortgage advance and damages for vandalism, breach of contract, conspiracy, and breach of fiduciary duty.

The court held that the appellants failed to link their evidentiary record to the specific counterclaim allegations and therefore did not meet their burden on the summary judgment motion.

The Master correctly applied the governing legal principles and did not commit a palpable and overriding error or exercise discretion on wrong principles.

The appeal was dismissed and costs were awarded to the respondents.

The appellants appealed a Master’s order refusing to dismiss most aspects of a counterclaim on a summary judgment motion in a mortgage enforcement action.

The counterclaim alleged vandalism, burglary, trespass, breach of contract, conspiracy, and repayment of fees deducted from the mortgage advance.

The appellants argued that the Master misapprehended the evidence and improperly shifted the burden by requiring them to disprove the respondents’ allegations.

The court held that the appellants failed to adduce evidence specifically addressing several pleaded claims or linking their evidence to the alleged causes of action.

The Master applied the correct legal principles and committed no palpable and overriding error.