The plaintiff, Solar Income Fund Inc. (SIF), sued Jennifer Jackson (its former President and COO), Emerging Power Inc. (EPI), and 2427672 Ontario Inc. (242) for $1,000,000 in damages, alleging misrepresentation, breach of contract, and intentional interference with economic relations.
The defendants brought motions for summary judgment to dismiss SIF's action and grant their respective counterclaims.
Jackson counterclaimed for indemnification under SIF's by-laws, while EPI and 242 counterclaimed for outstanding invoices, termination pay, expenses, and commissions.
The court dismissed SIF's claims, finding no genuine issue for trial regarding Jackson's alleged bad faith or breach of duty as an officer/director, nor any evidence of damages.
The court granted all defendants' counterclaims, confirming Jackson's right to indemnification, EPI's entitlement to unpaid fees and termination pay, and 242's right to outstanding commissions, rejecting SIF's arguments of waiver or technical non-compliance.
Costs were awarded to the defendants on a substantial indemnity basis due to the inflammatory nature of SIF's unproven allegations of intentional misconduct.