Background: Capstack Advisory Services Inc. sued Northern Lights Enterprise Inc. and Aalto Development Inc. for damages related to an agreement on financing for a condominium project.
Facts:
Capstack claimed $600,000 in damages for assistance in securing financing.
Northern Lights and Aalto Development failed to provide an affidavit of documents, leading Capstack to seek a motion to strike their statement of defense.
Issues/Main Discussion: Whether to strike the defendants' statement of defense due to failure to provide documents.
Ruling: The motion to strike was dismissed. A timeline was set for document exchange and discovery to proceed.
Amount Awarded: No monetary judgment was awarded in this decision. The focus was on procedural compliance and setting a timeline for discovery.
