The Applicant was injured in a 1997 motor vehicle accident and settled his statutory accident benefits claim in 2004.
Ten years later, the Applicant purported to rescind the settlement, alleging the Insurer failed to provide a Settlement Disclosure Notice as required by Ontario Regulation 664, and applied for arbitration.
The Insurer raised a preliminary issue, arguing the application should be dismissed under the equitable Doctrine of Laches due to the extreme delay and resulting prejudice from lost files and witnesses.
The Arbitrator held that the right to rescind under the Regulation is a statutory legal right, not an equitable claim, and therefore the Doctrine of Laches does not apply.
The preliminary motion was dismissed, allowing the arbitration to proceed.