Giles et al. v. Westminister Savings Credit, [2006] B.C.T.C. 141 (SC)

• Jurisdiction: British Columbia
• Court: Supreme Court of British Columbia (Canada)
• Judge: Sigurdson, J.
• Citation: [2006] B.C.T.C. 141 (SC),2006 BCSC 141
• Date: 27 January 2006

Giles v. Westminster Savings Credit, [2006] B.C.T.C. 141 (SC)

MLB headnote and full text

Temp. Cite: [2006] B.C.T.C. TBEd. FE.030

Laurie Giles and others (plaintiffs) v. Westminster Savings Credit Union, Gary J. Thomas, Taylor Ventures Ltd., Ralph Dennis Taylor, Joanne Taylor, Floyd Taylor, Vince Taylor, Micheal G. Oliver, Raymond E. Drabik, Ewen C. Carruthers, and William R. Chalcraft, carring on business under the firm name and style of Oliver, Drabik, Carruthers & Chalcraft, a Partnership; Kenneth Rogers Appraisals Ltd. and Kenneth N. Rogers (defendants)

(S004562; 2006 BCSC 141)

Indexed As: Giles et al. v. Westminister Savings Credit Union et al.

British Columbia Supreme Court

Vancouver

Sigurdson, J.

January 27, 2006.

Summary:

This headnote contains no summary.

Equity - Topic 3606

Fiduciary or confidential relationships - General principles - What constitutes a fiduciary relationship - See paragraphs 272 to 294.

Equity - Topic 3652

Fiduciary or confidential relationships - Breach of fiduciary relationship - Liability of third parties or accessories (incl. doctrines of knowing receipt or assistance) - See paragraphs 317 to 546.

Equity - Topic 3713

Fiduciary or confidential relationships - Commercial relationships - Arm's length commercial transactions - See paragraphs 272 to 294.

Trusts - Topic 345

Creation of trust - Requirements of - Certainty of subject matter of trust - See paragraphs 171 to 257.

Trusts - Topic 354

Creation of trust - Intention - Certainty of intention - See paragraphs 171 to 257.

Trusts - Topic 358

Creation of trust - Intention - Trust v. contract - See paragraphs 171 to 257.

Trusts - Topic 371

Creation of trust - Purpose or object - General - See paragraphs 258 to 271.

Trusts - Topic 372

Creation of trust - Purpose or object - Certainty of objects - See paragraphs 171 to 257.

Trusts - Topic 375

Creation of trust - Purpose or object - "Quistclose" trust - See paragraphs 258 to 271.

Trusts - Topic 6153

The trustee - Breach of trust - Liability of stranger to trust (incl. accessory liability principle) - See paragraphs 317 to 546.

Counsel:

J. Laxton, Q.C., J. Shields and C. Weiler, for the plaintiffs;

J. Milton, D.A. Goult and R. Dalziel, for the defendant, Credit Union;

R. McGowan and L.J. O'Sullivan, for the defendant, Gary Thomas;

J. Webster, for the defendant lawyers.

This action was heard on November 17-19, 22-26, 29 and 30 and December 1-3 and 6-10, 2004 and March 21-24 and 29-31, April 7 and 8, 11-14 and 18 and 19, 2005, before Sigurdson, J., of the British Columbia Supreme Court, who delivered the following decision on January 27, 2006.

Please note: The following judgment has not been edited.