The plaintiffs brought a motion to strike the defendants' Statement of Defence for failure to answer undertakings from discovery, and sought default judgment or alternatively summary judgment on loan claims.
The court granted default judgment against the individual defendant Moiz Noorani for three personal unsecured loans totaling US$219,000, but declined to grant judgment against the corporate defendants.
The court found that the individual defendant's three-and-a-half-year failure to answer undertakings, coupled with breach of court orders, justified striking the defence and entering default judgment.
However, the corporate defendants were not parties to the loan agreements and the court found insufficient basis to hold them liable on the materials presented.
The total judgment against the individual defendant was US$629,221.92, including principal and accrued interest calculated to the date of judgment.
Costs of $15,000 were awarded to the plaintiffs.