Laurentian Bank of Canada v. Fanelli

Laurentian Bank of Canada v. Fanelli

Res judicata applied because the issue of whether the bank execution bound the property was already determined by Somers J. when he found the property was validly held in trust; the bank was required to raise any allegation that the trust was a sham in the original motion and Cullity J. correctly exercised his...

Source-derived case information.

Citation
C43469
Parties
Appellant: Laurentian Bank of Canada on its own behalf and on behalf of the creditors of Joe Alessandro; Respondent: Rose Fanelli; Respondent: Domenic Fanelli; Respondent: Giovanna Alessandro-Cristiano; Respondent: Guido Cristiano; Respondent: Joe Alessandro
Court
Court of Appeal for Ontario
Jurisdiction
Canada
Judgment Date
2 December 2005
Procedural Posture
Civil Appeal / Decision of the Court of Appeal
Outcome
Appeal dismissed
Legal Topics
Res Judicata, Sham Trust, Execution Against Property, Court Discretion, Costs
Source Language
en
Civil Property Trusts Procedural Law Debt Collection Res Judicata Sham Trust Execution Against Property +2 more

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Parties

Laurentian Bank of Canada on its own behalf and on behalf of the creditors of Joe Alessandro

Appellant

Rose Fanelli

Respondent

Domenic Fanelli

Respondent

Giovanna Alessandro-Cristiano

Respondent

Guido Cristiano

Respondent

Joe Alessandro

Respondent

Procedural Posture

Civil Appeal / Decision of the Court of Appeal

  1. 1 Whether the doctrine of res judicata barred relitigation of whether the bank execution bound the property
  2. 2 Whether the trust was a sham and could be attacked after the original motion
  3. 3 Whether the motion judge and Cullity J. erred in exercising discretion to prevent the action from proceeding

Ratio Decidendi

Res judicata applied because the issue of whether the bank execution bound the property was already determined by Somers J. when he found the property was validly held in trust; the bank was required to raise any allegation that the trust was a sham in the original motion and Cullity J. correctly exercised his discretion to bar the fresh action; appeal dismissed with costs.

Court Disposition

Appeal dismissed

Orders

  • Appeal dismissed
  • Costs awarded to respondents in the amount of $9,500 inclusive of disbursements and G.S.T.