The plaintiff, Samuel Stern, sought summary judgment against the defendant, Mehran Moeinifar, for an unpaid $1,000,000 loan secured by a mortgage and a personal guarantee.
The court granted summary judgment in the amount of $1,445,673.52 (including interest), finding no genuine issue for trial.
The defendant’s arguments regarding lack of Ontario jurisdiction and forum non conveniens were rejected, as the defendant had attorned to Ontario’s jurisdiction and the relevant contracts were made in Ontario.
The court found the guarantee enforceable and the defendant liable.