The plaintiff, AMA Investments Inc., brought a motion for summary judgment against the defendants for mortgage default.
The defendants disputed the accounting and alleged that the plaintiff's counsel deliberately sabotaged their efforts to obtain refinancing.
The court found no genuine issue for trial regarding the alleged sabotage, concluding that the allegations against counsel were unfounded.
However, the court disallowed a "Post Maturity Fee" claimed by the plaintiff, as it was not referenced in the loan agreement.
Judgment was granted in favour of the plaintiff for a reduced amount of $313,736.45 plus fixed costs of $12,000.