Background: HSBC Bank Canada sought summary judgment against Antonio Guido for defaulting on a personal guarantee related to his company, Royal Canadian Bedrock Inc. ("RCB"). After RCB defaulted, HSBC demanded repayment from Guido, who did not pay.

Key Issues: Guido alleged that HSBC conspired with Michael Thomas & Associates Ltd. ("MTA") and Bruno Campoli (third-party intermediaries he hired) to extract unlawful fees and misrepresented loan terms. He claimed MTA and Campoli acted as HSBC’s agents and provided misleading assurances regarding the loans.

Court’s Findings:

• Summary Judgment for HSBC: The court found Guido liable under the guarantee, as HSBC properly demanded repayment. Guido’s claim that MTA or Campoli acted as HSBC’s agents was unsupported by evidence.
• Counterclaims Dismissed: Guido's allegations of conspiracy and misrepresentation were dismissed due to a lack of concrete evidence. The court noted that all payments Guido made went to MTA, not HSBC.
• Adjournment Requests: The court rejected Guido’s multiple adjournment requests, citing a pattern of delay without substantial justification.

Outcome: HSBC was granted summary judgment for over $2 million, including accrued interest, while Guido's counterclaims against the bank were dismissed. Claims against other defendants (MTA and Campoli) may proceed separately.