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Commercial Law - Agency - Authority of agent - Apparent or ostensible authority - Relationship of principal and third person - Liability of principal to third person

Thursday, March 30, 2017 @ 8:00 PM  

Appeal by defendant Currie from an order overturning the dismissal of TD’s claim against him and finding TD and the Craigs were not entitled to a discharge of the mortgage. Currie lent money to the Craigs, secured by a mortgage. The initial financing and the mortgage was negotiated by Fuoco Holdings and Fuoco. The mortgage eventually matured and went into default. The Craigs paid money to discharge their mortgage. The funds were misappropriated by Fuoco, who was the sole contact dealing with the mortgage. Currie denied...