The decision concerns an estate dispute between Glen Last and Craig Last (personally and as joint Estate Trustee for the Estate of Jacqueline Last), with TD Canada Trust as a respondent.
Glen alleged that Craig misappropriated significant estate assets and failed to account for his management of the estate, seeking a reduction of Craig’s share and other relief.
The court found that Craig failed to provide a proper accounting, drew an adverse inference, and ordered a substantial reduction of Craig’s share of the estate, as well as costs on a substantial indemnity basis.