Amgad, Inc., a diamond wholesaler, brought a summary judgment motion against Marquee Equity Inc. for $50,895.55 USD for unpaid diamonds.
Marquee admitted owing money but disputed the amount and filed a counterclaim for $1.0 million in damages for slander and intentional interference with contractual and business relations.
The court granted summary judgment to Amgad, finding the debt proven and Marquee's accounting discrepancy claims unsubstantiated.
The court dismissed Marquee's counterclaim, concluding that Amgad's statements about Marquee not paying its bills were truthful, thus providing a complete defence to defamation, and that no evidence supported claims of malice or economic harm.
