The plaintiff, 2518358 Ontario Inc. ("Rise"), sought a Certificate of Pending Litigation (CPL) against a development property owned by the defendant, 3070 Ellesmere Developments Inc. ("Ellesmere").
Rise argued it had an interest in the land based on a joint venture agreement and alleged breaches by Ellesmere.
The court dismissed the motion for a CPL, finding that while there was a triable issue regarding Rise's claim to an interest in the property, the property was not unique, damages were easily calculable, and the balance of convenience did not favour granting the CPL.
The court also noted the existence of a prior construction lien registered by Rise, which served as an adequate alternative form of security, and that granting a CPL would subvert the purposes of the Construction Lien Act.