The appellants appealed from a judgment granting summary judgment and dismissing a motion to set aside a default judgment.
The Court of Appeal allowed the appeal, finding that there were triable issues regarding margin requirements, the respondent's conduct, and the 'Know Your Client Rule'.
The court also set aside the default judgment against one of the appellants, finding an arguable defence on the merits regarding undue influence and the respondent's obligation to ensure she understood the indemnity.
