The court granted judgment in favour of the plaintiff, Parham Pozhhan, for damages, pre-judgment interest, and substantial indemnity costs arising from the defendant Pedram Pozhhan’s breach of fiduciary duties and misappropriation of trust funds.
The court declined to award punitive damages but found the defendant’s conduct justified substantial indemnity costs.
The decision follows a prior partial default judgment confirming the plaintiff’s sole beneficial ownership of the property at issue.
