Advance Bank v. Toronto-Dominion Bank et al., [2003] O.T.C. 445 (SC)

• Judge: Speigel, J.
• Court: Superior Court of Justice of Ontario (Canada)
• Case Date: May 23, 2003
• Jurisdiction: Ontario
• Citations: [2003] O.T.C. 445 (SC)

Advance Bk. v. TD Bk., [2003] O.T.C. 445 (SC)

MLB headnote and full text

Temp. Cite: [2003] O.T.C. TBEd. MY.085

Advance Bank (plaintiff) v. Toronto-Dominion Bank (defendant) and D&J Import and Export and Dorothy Hutson (third parties)

(01-CV-222903CM1)

Indexed As: Advance Bank v. Toronto-Dominion Bank et al.

Court of Ontario

Superior Court of Justice

Speigel, J.

May 23, 2003.

Summary:

This headnote contains no summary.

Banks and Banking - Topic 3532

Cheques and orders drawn on deposits - Forged drawing of cheques - Liability of bank - See paragraphs 1 to 56.

Cases Noticed:

Peel (Regional Municipality) v. Canada - see Peel (Regional Municipality) v. Ontario.

Peel (Regional Municipality) v. Ontario, [1992] 3 S.C.R. 742; 144 N.R. 1; 59 O.A.C. 1, refd to. [para. 19].

National Bank of Greece (Canada) v. Bank of Montreal, [2001] 2 F.C. 288; 266 N.R. 361 (F.C.A.), refd to. [para. 25].

LePage (A.E.) Real Estate Services v. Rattray Publications Ltd. - see LePage (A.E.) Investments Ltd. et al. v. Canadian Imperial Bank of Commerce et al.

LePage (A.E.) Investments Ltd. et al. v. Canadian Imperial Bank of Commerce et al. (1994), 77 O.A.C. 280; 21 O.R.(3d) 164 (C.A.), refd to. [para. 34].

Bank of Nova Scotia v. Canada Trust Co. (1998), 59 O.T.C. 129; 39 O.R.(3d) 84 (Gen. Div.), refd to. [para. 34].

Caisse Populaire D'Alfred Ltée v. Lapensée, [1985] O.J. No. 1287 (H.C.), refd to. [para. 37].

National Slag v. Canadian Imperial Bank of Commerce (1982), 140 D.L.R.(3d) 473, affd. [1985] O.J. No. 149 (C.A.), refd to. [para. 44].

Bank of Nova Scotia v. Toronto-Dominion Bank (2001), 145 O.A.C. 106 (C.A.), refd to. [para. 53].

Statutes Noticed:

Bills of Exchange Act, R.S.C. 1985, c. B-4, sect. 4 [para. 40]; sect. 35(1)(a) [para. 38]; sect. 35(2) [para. 39]; sect. 126 [para. 36].

Canadian Payments Act, R.S.C. 1985, c. C-21, generally [para. 25].

Authors and Works Noticed:

Crawford, Bradley, Late Return of Dishonoured Cheque (2001), 36 C.B.L.J. 1, pp. 6 [para. 37]; 10 [para. 32].

Crawford, Bradley, Payment, Clearing and Settlement in Canada (2002) (Looseleaf), vol. 1, paras. 9.01(5)(c) [paras. 45, 47]; 26.02.1(a) [para. 35].

Counsel:

Bonnie A. Tough and Samuel M. Robinson, for the plaintiff;

Andrew J. Reddon and Tamara S. Levy, for the defendant.

This action was heard by Speigel, J., of the Ontario Superior Court, who released the following decision on May 23, 2003.

Please note: The following judgment has not been edited.