The appellants, Peter and Anka Georgakopoulos, appealed a summary judgment from the Superior Court of Justice in favour of the Bank of Montreal.
The judgment ordered them to repay over $342,000 in unauthorized line of credit advances and Peter to pay a $28,000 credit card debt, and declared an equitable mortgage over Peter's Toronto property.
The appellants argued the motion judge lacked jurisdiction, the evidence was insufficient for summary judgment, the equitable charge was improperly declared, and their counterclaim was wrongly dismissed.
The Court of Appeal dismissed the appeal, affirming the Superior Court's jurisdiction and finding no palpable and overriding error in the motion judge's conclusions regarding the evidence, the equitable mortgage, or the dismissal of the counterclaim.