872899 Ontario Inc. v. Iacovoni, (1997) 26 O.T.C. 68 (GD)

• Judge: Pitt, J.
• Court: Ontario Court of Justice General Division (Canada)
• Case Date: March 20, 1997
• Jurisdiction: Ontario
• Citations: (1997), 26 O.T.C. 68 (GD)

872899 Ont. Inc. v. Iacovoni (1997), 26 O.T.C. 68 (GD)

MLB headnote and full text

Temp Cite: [1997] O.T.C. TBEd. MY.042

872899 Ontario Inc. (plaintiff) v. Paul Iacovoni and Jacqueline Iacovoni (defendants)

(Court File No. 40397/96)

Indexed As: 872899 Ontario Inc. v. Iacovoni

Ontario Court of Justice

General Division

Pitt, J.

May 7, 1997.

Summary:

The vendor's assignee sued the purchasers respecting a claim arising out of the agreement to purchase real estate. The purchasers moved for an order striking out the statement of claim on the ground, inter alia, that it was statute-barred (under the six-year limitation period). The vendor's assignee claimed that the agreement to purchase was a specialty and a 20 year limitation period applied.

The Ontario Court (General Division) held that the agreement was not a specialty and the six year limitation period applied. The court dismissed the action.

Limitation of Actions - Topic 2051

Actions in contract - Actions for debt - What constitutes a specialty - See paragraphs 4 to 14.

Cases Noticed:

Linton v. Royal Bank of Canada, [1967] 1 O.R. 315 (H.C.), refd to. [para. 5].

Stromdale & Ball Ltd. v. Burden, [1951] 2 T.L.R. 1192 (Ch.), refd to. [para. 5].

Canadian Imperial Bank of Commerce v. Kean et al. (1985), 55 Nfld. & P.E.I.R. 88; 162 A.P.R. 88 (Nfld. T.D.), refd to. [para. 5].

First National Securities v. Jones, [1978] 2 All E.R. 221 (C.A.), refd to. [para. 5].

South-West Oxford (Township) v. Bailak (1990), 75 O.R.(2d) 360 (Gen. Div.), refd to. [para. 5].

Alton Renaissance I et al. v. Talamanca Management Ltd. et al. (1996), 88 O.A.C. 41 (Div. Ct.), refd to. [para. 6].

Bell Canada v. Olympia & York (1992), 4 C.L.R.(2d) 1 (Ont. Gen. Div.), refd to. [para. 6].

R. v. Williams, [1942] A.C. 541 (P.C.), refd to. [para. 7].

Royal Trust Co. v. Alberta (Attorney General), [1930] A.C. 144 (P.C.), refd to. [para. 8].

Suburban Construction Ltd. v. Newfoundland & Labrador Housing Corp. (1987), 66 Nfld. & P.E.I.R. 347; 204 A.P.R. 347; 19 C.P.C.(2d) 43 (Nfld. C.A.), refd to. [para. 10].

Authors and Works Noticed:

Dictionary of Canadian Law (1991) [para. 4].

Mew, Graeme, The Law of Limitations (1991), p. 139 [para. 6].

Counsel:

Howard D. Gerson, for the plaintiff;

Theresa R. Simone, for the defendants.

This motion was heard on March 20, 1997, before Pitt, J., of the Ontario Court (General Division), who released the following judgment on May 7, 1997.