North House Foods Ltd. (Re)
The Court held it lacked an appeal as of right under ss.193(a)-(c) but, given the circumstances and the novelty of appellate consideration of s.50.1(4), granted leave under s.193(e) nunc pro tunc; on the merits the appellant failed to discharge the onus to show its lien against the leasehold interest had realizable value beyond $0, and the motion judge reasonably accepted the proposal trustee’s assessment, so the appeal was dismissed and costs awarded to respondents.
Source excerpt
- S.50.1(4) bia — revision of proposed assessed value of security
- S.193 bia — jurisdiction and leave to appeal
- Construction liens and enforcement against leasehold interests
- Admissibility and weight of proposal trustee reports
- Onus of proof in valuation challenges