The Toronto-Dominion Bank (TD) brought a motion for summary judgment against Pomer & Boccia Professional Corporation (P&B), David Michael Pomer, and Douglas LaFramboise for breach of a solicitor's undertaking.
The undertaking, executed by LaFramboise on behalf of P&B personally and as agent for their clients, required P&B to pay $150,000 to TD's lawyers by a specific date, independent of the clients' refinancing efforts in a fraudulent conveyance action (FCA).
The defendants argued that TD's claim was barred by res judicata, issue estoppel, abuse of process, and principal-agent obligations due to a prior judgment obtained against their clients in the FCA.
The court found the undertaking clear and unequivocal, binding P&B personally, and held that the current action for breach of undertaking was distinct from the FCA.
The doctrines of res judicata and issue estoppel did not apply as the issues and parties were different.
The motion for summary judgment was granted in favour of TD Bank.