The appellant, Broadgrain Commodities Inc., sold sesame seeds to Beidahuang Grain Group Co. Ltd. under a CIF contract.
The goods were damaged during transit.
The appellant obtained marine insurance from the respondent, Continental Casualty Company, but the respondent denied coverage.
The motion judge granted summary judgment dismissing the appellant's action, finding that although the appellant had an insurable interest, it sustained no loss as it was paid in full by Beidahuang.
The appellant appealed, arguing it suffered loss through subsequent short-payments from Beidahuang.
The Court of Appeal upheld the dismissal, finding the appellant failed to provide any credible evidence of loss and that a self-serving affidavit without supporting documentation was insufficient to create a triable issue.