This appeal concerned a failed business venture between the appellants (Corridor Transport Inc. and Corridor Transport Limited Partnership) and the respondents (Vittorio Junior Lentini, LTI Logistics Inc., and Loblaw Companies Limited).
The appellants claimed breach of contract, conversion, and breach of fiduciary duty by a director.
The trial judge dismissed the action, finding no enforceable contract due to fundamental misunderstandings regarding the parties' identities and entitlement to business proceeds, and no conversion as the appellants lacked a possessory interest in the funds.
The Court of Appeal upheld the trial judge's decision, finding no palpable and overriding error in the factual findings or error in law, emphasizing the trial judge's reasonable conclusion that no meeting of the minds occurred on essential contractual terms.
The appeal was dismissed with costs.