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13 May 2008

Tort - negligent misrepresentation 2008 BCSC 595

CIT Financial Ltd. v. Pavac Technology Inc.

Court: Supreme Court of British Columbia

On a Rule 18A summary trial, the court found negligent misrepresentation in lease-financing documents, awarding CIT damages against Ralf Edinger and Pavac Technology Inc.

Misrepresentation
Duty of care
Reasonable reliance
Damages
Subordination agreement
Corporate officer liability

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CIT Financial Ltd. v. Pavac Technology Inc.