P. Welsh

The plaintiff brought a motion for summary judgment regarding the loss of a coin collection she entrusted to the defendant for appraisal.

The court found the defendant, a gratuitous bailee, negligent for losing the coins, as he could not recall their location or provide a reasonable explanation for their loss.

Summary judgment was granted on the issue of liability, with the quantum of damages to be determined at a subsequent trial.

The applicant bank brought an application under s. 243 of the Bankruptcy and Insolvency Act for the appointment of a receiver and manager over the respondents' assets.

The respondents opposed the application, arguing it was premature and that they should be given more time to address the outstanding demand for payment.

The court found that the respondents were in default, had failed to make agreed-upon payments from a prior adjournment, and that the applicant's security position was eroding.

Concluding that it was just and convenient to do so, the court granted the application and appointed a receiver.