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Motion for default judgment granted for US$375,000 with 21% pre-judgment interest.
The plaintiff brought a motion for default judgment against the defendants for US$375,000.
The court granted the motion, finding that the plaintiff had resolved the uncertainty in the original request that was previously denied by the registrar.
Pre-judgment interest was awarded at the contracted rate of 21% per annum, and post-judgment interest at the statutory rate of 4.0%.
Costs were awarded to the plaintiff in the amount of $2,853.54.
Receiver succeeded; no BIA appeal right established and leave denied.
The receiver moved to determine appellate entitlement from receivership-related orders under the BIA.
The court held no appeal as of right under ss. 193(a) or (c), denied leave, and granted the receiver’s motion.