Shark Investment Group Inc. v. Scarborotown Chrysler Dodge Jeep Ltd.(Quest Automotive Leasing Services)

Shark Investment Group Inc. v. Scarborotown Chrysler Dodge Jeep Ltd.(Quest Automotive Leasing Services)

On the unchallenged facts the appellants breached the lease by failing to maintain required insurance, that breach constituted default entitling the respondent to enforce contractual remedies, the respondent was not required to exercise its discretionary option to place insurance nor to accept the appellants'...

Source-derived case information.

Citation
2009 ONCA 414
Parties
Appellant: Shark Investment Group Inc.; Appellant: Ralph Papa; Appellant: 1324955 Ontario Ltd. carrying on business as California Sandwiches; Appellant: Carmela Papa; Respondent: Scarborotown Chrysler Dodge Jeep Ltd. carrying on business as Quest Automotive Leasing Services
Court
Court of Appeal for Ontario
Jurisdiction
Canada
Judgment Date
20 May 2009
Procedural Posture
Civil (collection) / Court of Appeal Decision (appeal From Superior Court)
Outcome
Appeal dismissed.
Legal Topics
Lease Default, Insurance Obligation Under Lease, Discretion to Accept Replacement Insurance, Enforcement of Contractual Remedies, Costs
Source Language
en
Contract Insurance Collection Civil Procedure Lease Default Insurance Obligation Under Lease Discretion to Accept Replacement Insurance Enforcement of Contractual Remedies +1 more

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Parties

Shark Investment Group Inc.

Appellant

Ralph Papa

Appellant

1324955 Ontario Ltd. carrying on business as California Sandwiches

Appellant

Carmela Papa

Appellant

Scarborotown Chrysler Dodge Jeep Ltd. carrying on business as Quest Automotive Leasing Services

Respondent

Procedural Posture

Civil (collection) / Court of Appeal Decision (appeal From Superior Court)

  1. 1 Whether appellants breached the lease by failing to maintain insurance on the vehicles
  2. 2 Whether respondent was obliged to exercise its option to place insurance and charge the lease
  3. 3 Whether respondent was required to accept proposed replacement insurance from the appellants

Ratio Decidendi

On the unchallenged facts the appellants breached the lease by failing to maintain required insurance, that breach constituted default entitling the respondent to enforce contractual remedies, the respondent was not required to exercise its discretionary option to place insurance nor to accept the appellants' proposed replacement insurance, and accordingly the appeal is dismissed with costs to the respondent.

Court Disposition

Appeal dismissed.

Orders

  • Appeal dismissed.
  • Costs to the respondent on a partial indemnity basis fixed at $10,000 inclusive of disbursements and GST.