The defendants brought a summary judgment motion seeking dismissal of the plaintiff’s claim arising from a prior settlement involving the sale and transfer of property.
The court found that the plaintiff had executed minutes of settlement, a release, an agreement of purchase and sale, and a transfer, and had received the agreed payment in 2005.
Any alleged additional losses would have been discovered no later than November 1, 2005, making the claim subject to the two-year limitation period under the Limitations Act.
Because the action was not commenced until August 28, 2008, it was statute-barred.
The court also held that a conspiracy claim could not succeed where only one defendant remained and noted that the remaining defendant acted only as a trustee of the property.
The action was dismissed on summary judgment without costs.