The applicants sought coverage under a trade credit insurance policy issued by Export Development Canada (EDC).
EDC denied coverage due to underlying disputes regarding the receivables owed by the UD Group to Rutmet.
Rutmet and the UD Group brought motions to intervene in the application and consolidate it with their own actions.
The applicants brought a cross-motion to declare Rutmet and the UD Group vexatious litigants.
The court, on its own initiative, stayed the application pending the determination of the substantive disputes in ongoing foreign proceedings in Singapore and Dubai, finding that those jurisdictions had already been determined to be the appropriate forums.
Consequently, the motions to intervene and consolidate, as well as the cross-motion, were dismissed.
