Crown Fortune International Investment Group Inc. v. Bonnefield Canada Farmland LP III
Crown Fortune International Investment Group Inc.
Law Firm / Organization
Chen & Leung
Bonnefield Canadian Farmland LP III
Law Firm / Organization
Boughton Law
Bonnefield GP III Inc.
Law Firm / Organization
Boughton Law
  • Facts: Crown Fortune's real estate transaction for farmland in British Columbia failed due to a dispute over the removal of 39 encumbrances from the title before closing, which Crown Fortune believed was required, but Bonnefield disputed.
  • Issues: The main issue was the interpretation of Clause 22 of the sale contract regarding whether it required the removal of the 39 disputed encumbrances.
  • Ruling: The appeal was dismissed. The court held that all categories of encumbrances were permitted by Clause 22 and did not need to be removed from the title. Crown Fortune forfeited its deposit by refusing to close the transaction.
  • Amount Awarded: Not applicable as the focus was on the interpretation of contract terms and the appeal dismissal.
Court of Appeals for British Columbia
CA48737
Corporate & commercial law
Respondent