The plaintiff, Carrie Wei, moved for summary judgment against the defendants (except Zhi Qiang Wang) for $700,000 plus 30% interest, and for dismissal of the counterclaim.
The court found that the loan agreement was clear, that the defendants failed to provide any credible defence or evidence, and that the corporate veil should be pierced due to fraudulent conduct.
The counterclaim for defamation was dismissed for lack of evidence.
Judgment was granted for the plaintiff, including costs.
