Key Points:

1. Mortgage Dispute:

   • The case concerns a mortgage agreement between private lenders (plaintiffs) and mortgagors (defendants).
   • On February 9, 2023, a judgment favored plaintiffs, striking defendants' defense and counterclaim, without granting a writ of possession.

2. Subsequent Motions:

   • On May 14, 2024, defendants' motion to set aside the prior order was dismissed as an abuse of process.
   • A court endorsement prohibited defendants from filing further materials without satisfying costs and obtaining court leave.

3. Current Appeal:

   • Appeal pertains to the April 25, 2024 decision granting plaintiffs a writ of possession and denying defendants' adjournment request.
   • Defendants sought a stay of enforcement pending appeal, citing refinancing needs, but lacked substantial evidence.

4. Legal Standards:

   • To grant a stay, defendants must show a serious issue to be tried, potential irreparable harm, and that the balance of convenience favors the stay.
   • The court found the appeal meritless and emphasized the plaintiffs' right to enforce judgment due to payment uncertainties and repeated delays by defendants.

5. Costs:

   • Prior costs fixed by the panel:
     • $6,725.50 for 2137073 Ontario Inc.
     • $14,701.30 for Arye Lankar and others
     • $5,304.45 for 2380376 Ontario Ltd.
   • Costs before Lauwers J.A.:
     • Total $9,000 all-inclusive due to non-complexity of the issues.

Conclusion:

• The motion for a stay was dismissed with costs, upholding the judgment and reinforcing plaintiffs' prevailing position.