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Author: Peter Radulescu, Law Works P.C. Editor: Ben Hanuka, Law Works P.C. In Royal Bank of Canada v. Everest Group Inc., a decision of the Ontario Superior Court of Justice released on August 23, 2018, the Court held that RBC was entitled to a judgment on its loan against a franchisee, on a summary judgment motion, despite the franchisee’s rescission claim against the franchisor. The Court held that the bank was not obligated to defer its enforcement of repayment of the loan while the franchisee was pursuing its recession claim.
This article, written by Ben Hanuka, was originally published by The Lawyer’s Daily June 15, 2018. Click here to view the published article.
On May 31, 2016, the Canadian Trade-Marks Opposition Board released its decision in the case of Restaurant Development Group LLC v Vescio Group Inc.