Overturned Lower Court Decision at Ontario Court of Appeal
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Overview
660 Sunningdale GP Inc. v. First Source Mortgage Corporation, 2024 ONCA 252 - Successfully overturned a lower court decision at the Ontario Court of Appeal, recovering a substantial mortgage commitment fee for the lender when the borrower abandoned the transaction in favour of a different lender. We previously forced the borrower to secure the fee at the outset of the litigation, ensuring that it was collectable when the court awarded judgment.
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