The parties executed minutes of settlement requiring the respondents to pay $250,000 in instalments, with a consent judgment held in escrow.
The respondents missed the final $95,000 payment, prompting the appellant to file a writ of execution.
The respondents successfully moved for relief from forfeiture under s. 98 of the Courts of Justice Act, and the motion judge rescinded the consent judgment, granting judgment for $95,000 instead.
The appellant appealed, arguing it should have been allowed to revert to its option to continue the action.
The Court of Appeal dismissed the appeal, finding no live issue that the option could be revived after being exercised.