The appellant insurer appealed a Licence Appeal Tribunal decision finding that a binding settlement of tort and accident benefits claims was reached via email following mediation.
Shortly after the email exchange, the plaintiff was killed.
The insurer argued no settlement was reached because the plaintiff had not finalized the structure percentage or signed the settlement disclosure notice.
The Divisional Court dismissed the appeal, holding that the essential terms were agreed upon, the structure percentage was a default minimum, and the right to rescind under consumer protection legislation implies a settlement was already reached.