The applicants sought to enforce a written settlement agreement reached with the respondents regarding their exclusion from a convenience store and gas station business known as Wright's Variety.
The applicants alleged they were beneficial owners and shareholders of the corporation based on a verbal agreement and subsequent written settlement agreement.
The respondents denied the validity of the settlement agreement, alleging fraudulent misrepresentation, lack of meeting of the minds, unmet conditions, duress, and undue influence.
The court found serious factual disputes incapable of resolution on documentary evidence alone and declined to grant judgment on the settlement agreement.
The court also declined to grant an interlocutory injunction, finding no irreparable harm and that the balance of convenience favoured maintaining the status quo.