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Civil Litigation - CIVIL PROCEDURE - Pleadings - Amendment of - Statement of defence - Adding subsequent facts

Thursday, December 01, 2016 @ 7:00 PM  

Appeal by the plaintiff, D-Line Holdings, from a chambers judgment that permitted the defendant solicitors to amend their statement of defence. The defendants represented the plaintiff on the sale of its construction business to a third party purchaser. The December 2010 agreement contemplated payment of the $1.7 million purchase price over time, secured by a general security agreement. The security agreement was not registered until May 2011. During the ensuing period, other creditors filed security in priority to the plaintiff. In September 2011, the purchaser went...