Plaintiff
Defendant
Background: The case "Bradcat Homes Ltd. v. Marcario Teodoro Reyes" involved Bradcat Homes Ltd. and Bean Doc Holdings Ltd. as plaintiffs, and multiple defendants, including Marcario Teodoro Reyes and Dentons Canada LLP.
Key Issues: The plaintiffs sought to add Portfolio Asset Group (225 Kingsway) Limited Partnership as a plaintiff, amend their notice of civil claim to include additional details and parties, and address costs related to the application. The plaintiffs alleged that Marcario Teodoro Reyes and Dentons Canada LLP, particularly lawyer Robert Quon, breached fiduciary duties. Unauthorized mortgage transactions were conducted on a property, benefiting Reyes without the knowledge or consent of Bradcat and Bean Doc. The core issue centered on a commercial real estate development at 225 Kingsway, Vancouver. Plaintiffs invested $400,000 in the project. They claimed that the property and mortgages were mishandled by Reyes, to the detriment of the partnership. The plaintiffs aimed to initiate a common law derivative action on behalf of the partnership against the defendants for breaching fiduciary duties.
Held: The court granted the application to amend the notice of civil claim and add the Partnership as a plaintiff. It concluded there was no prejudice to the defendants and allowed the case to proceed to trial.
Costs/Damages Awarded: The court ordered that the costs of the application be costs in the cause, meaning they would be determined as part of the final resolution of the case. No specific monetary award was granted at this stage.
Court
Supreme Court of British ColumbiaCase Number
S235680Practice Area
Corporate & commercial lawAmount
Winner
PlaintiffTrial Start Date
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