The court granted judgment in favour of Madison Homes Cornell Rouge Limited for losses arising from the defendants' failure to close a real estate transaction.
The court dismissed the counterclaim and third-party claim, finding no actionable misrepresentation, duress, or unconscionability in the sales process.
The court also found no fiduciary duty owed by the third party, Edward Wong, to the defendants.
Damages were awarded for the difference between the contract price and resale price, plus related expenses.
