On January 12, 2007, the Ontario Court of Appeal released its ruling upholding the decision of Matlow J. in 2878852 Canada Inc. v. Jones Heward Investment Counsel. The Court’s decision upholds the finding that the defendant mismanaged certain investments placed with it by the plaintiff, and the resulting award of $1.02M.
Paul Le Vay and Luisa Ritacca acted for the plaintiff on the appeal. Our former partner Nancy J. Spies (now Madam Justice Spies) and Luisa Ritacca successfully acted for the plaintiff at trial. Read the decision