Chris A. Junior

This is a class action alleging financial misrepresentations in the sale of the defendant's securities.

The class comprises persons or entities who acquired securities between March 30, 2011 and November 7, 2013.

The action was certified under the Class Proceedings Act in December 2018.

The parties reached a proposed settlement whereby the defendant will pay $6,800,000 without admitting liability to resolve all claims.

The court approved the notice plan for dissemination to class members and appointed Epiq Global as the settlement administrator.

A settlement approval hearing was scheduled for December 2, 2025.

The plaintiff, Thanh Nguyen, brought an action against multiple defendants, including Toronto Dominion Bank (TDB), Ontario Lottery and Gaming Corporation (OLG), and Thien P. Dam (a lawyer), alleging negligence related to the cashing of a Canada Savings Bond, payment of a lottery prize, and transfer of property, respectively.

TDB, OLG, and Ms. Dam brought a motion for partial summary judgment to dismiss the claims against them.

The court granted the motion, finding that the claims were statute-barred by the limitation period and that no duty of care was owed by these defendants to the plaintiff.

The court also rejected the defendants' abuse of process argument but found no genuine issue requiring a trial for the negligence claims.

The Toronto-Dominion Bank (TD) brought an application under the Personal Property Security Act for an order authorizing a private receiver to take possession and sell property of The Hockey Academy Inc. (the debtor).

The central dispute was whether rink equipment installed by the debtor became fixtures owned by the landlord, Champagne Centre Ltd. (CCL), or remained the debtor's property subject to TD's security interest.

The court interpreted the lease amendments, finding that the debtor was required to remove the rink equipment upon lease termination, which implied continued ownership by the debtor.

Consequently, TD's security interest had priority over CCL's claim.

The court granted TD possession of the equipment and ordered a reference to determine the value CCL owed TD for its wrongful use of the equipment.