The applicant brought an application to enforce a settlement agreement for the transfer of shares in a company holding Tim Hortons franchise licenses.
The respondent estate trustee refused to sign the closing documents, arguing her former solicitor lacked authority to agree to the $10,000 purchase price and that essential terms were missing.
The court found that the solicitor had apparent authority to negotiate the agreement and that a binding contract was formed.
The court declined to set aside the agreement, noting the $10,000 price was commercially reasonable given the franchisor's valuation of the business and outstanding debts.
The application was granted and the respondent was ordered to execute the transfer.