This matter arises from an investment in a $9 million syndicated mortgage loan arranged and administered by the Defendant. Each investor entered into a trust agreement with the Defendant. The claim alleged the Defendant misappropriated trust funds by improperly deducting fees from sale proceeds of the units.
True Strangers to a Claim cannot be added to an Action after the Expiry of the Limitation Period
April 2018
CBM Lawyers, Alberta
