On a motion in a family property dispute, the moving plaintiff sought leave to register a Certificate of Pending Litigation over farm property allegedly transferred through a quitclaim deed for inadequate consideration and in breach of fiduciary obligations.
The court found there were numerous triable issues concerning the plaintiffs' claimed interest in the land, the surrounding transfers, mortgages, and the role of family members and their solicitor.
Although there had been delay and material non-disclosure in earlier proceedings, the court held that a CPL was still appropriate in light of the unresolved issues and the threatened sale.
To balance the pending arm's-length sale, the court ordered that the CPL could be vacated if $1,500,000 was paid into court on closing.
Costs were ordered in the cause.