Legal Blog

Misrepresentation

Royal Bank of Canada v. Bedard 2020 Ont SCJ

The defendant obtained financing secured by a conditional sales contract on a boat by misrepresenting its ownership of the boat. The court awarded judgment for the amount owed plus the costs that the bank incurred in attempting to realise on its security against another claimant before it finally realised that it had no claim to the boat because of the misrepresentation.

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