The applicants, farmers with multiple mortgages held by the late Leo Goodman, applied for a discharge of the mortgages, arguing they had been paid in full.
The parties disputed the outstanding balance due to poor record-keeping and an unresolved 2008 Farm Debt Mediation Act agreement.
The court determined four preliminary issues to assist the parties in reconciling the accounts: it found a 2008 Interim Agreement was an unenforceable agreement to agree, a $60,000 promissory note was unenforceable, the respondent failed to prove certain construction mortgage advances, and a $15,144 legal account was extinguished by the mediation agreement.
The court directed the parties to re-evaluate their positions based on these findings.