The appellants, creditors of a bankrupt corporation, sought leave under s. 215 of the Bankruptcy and Insolvency Act to commence a negligence action against the Office of the Superintendent of Bankruptcy.
The motion judge dismissed the application, finding the proposed action was statute-barred under the Limitations Act, 2002.
On appeal, the appellants argued that subsequent appeals of a Registrar's decision regarding the trustee's misconduct tolled the limitation period.
The Court of Appeal dismissed the appeal, upholding the motion judge's finding that all material facts were known to the appellants by June 23, 2008, and the subsequent appeals did not affect the limitation period.