The Bank of Nova Scotia ("BNS") sought summary judgment against former spouses Danilo Milosevic and Dusica Grabovica for a joint line of credit debt.
The court found no genuine issue requiring a trial regarding Mr. Milosevic's liability for the debt itself, affirming joint and several liability.
However, a genuine issue was found regarding the precise accounting of the debt, specifically the applicable interest rate and calculation of accrued interest, which was ordered to proceed to a trial of the issue.
Ms. Grabovica's liability was already set for a mini-trial concerning her signature's authenticity.
Costs were reserved to the trial judge.
