Facts: MNP Corporate Finance Inc. provided financial advisory services to Taplow Ventures Ltd., involving the marketing and sale of the company. MNP claimed termination of their contract for cause, seeking fees and damages for breach of contract, good faith, and unjust enrichment.

Issue: The main legal issue was whether MNP validly terminated the contract for cause and if it was entitled to professional fees, a completion fee, reimbursement for out-of-pocket expenses, and damages for breach of contract and unjust enrichment.

Court’s Ruling: The court found that MNP did not validly terminate the contract as there was no clear communication of termination. Consequently, claims for professional fees, completion fees, and unjust enrichment were dismissed. However, the court did not dismiss MNP’s claim for breach of the duty of honest performance, indicating this issue has a triable aspect.

Costs/Damages: The document did not specify the exact amount of costs or damages awarded. However, it mentioned that costs were awarded to the defendants, meaning Taplow Ventures Ltd. would receive costs from MNP Corporate Finance Inc. related to the court proceedings.