The plaintiff, Issa Yusuf, brought an action against Dreamfund Holdings Inc., 10268054 Canada Corp., Dreammaker Realty Inc., and Isaac Jr. Olowolafe (also known as Temitope Olowolafe) for unpaid investments.
The defendants, all connected to Olowolafe, failed to appear at trial despite being properly served and noted in default.
The court found that Olowolafe was the directing mind of the corporate defendants and that a signed repayment agreement for $516,248.96 was binding.
Judgment was granted in favour of the plaintiff against all defendants jointly and severally for the full amount, plus prejudgment and postjudgment interest, and costs.