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Declaration for Survival of Bankruptcy

Posted on November 24, 2021 | Posted in Bankruptcy, Collections, Five Liners

Yanic Dufresne Excavation Inc. v. Saint Joseph Developments Ltd.  2021 Ont SCJ

Sub brought a motion to vary a default judgment that it had obtained against the general contractor and 2 directors. Although there were many allegations regarding breach of trust in the statement of claim, the original judgment was for a monetary award only because none of the defendants had been bankrupt at the time. Because the statement of claim had raised the issue of a breach of trust, the judge allowed further evidence as to that breach and, based on that evidence, granted an order that the judgment survived the defendant’s bankruptcy.

 

Jonathan Speigel

 

Written by Jonathan Speigel, the founding partner of Speigel Nichols Fox LLP, leads the litigation and construction practices.

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