Insurer granted motion to enforce $400,000 settlement of subrogated claim after defendant settled with named plaintiffs.
The plaintiff's insurer brought a motion to enforce a settlement agreement regarding its subrogated claim for property damage caused by the defendant's excavation.
The defendant had agreed to pay $400,000 to the insurer, but payment was deferred until a settlement with the named plaintiffs or the outcome of a liability trial.
The defendant subsequently settled with the named plaintiffs and obtained a release, effectively eliminating the liability trial.
The court held that the insurer had standing to enforce the agreement by motion in the main action and ordered the defendant to pay the $400,000 immediately, as the condition for payment had been met by the settlement with the named plaintiffs.
Scaffidi-Argentina v. Tega Homes Developments Inc. et al., 2021 ONSC 3223