NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973

JurisdictionOntario
JudgeKIMMEL J.
Citation2020 ONSC 3973
Date29 June 2020
CourtSuperior Court of Justice of Ontario (Canada)
Docket NumberCV-20-642208
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4 practice notes
  • Court Of Appeal Summaries (August 29, 2022 ' September 2, 2022)
    • Canada
    • Mondaq Canada
    • September 6, 2022
    ...24 B.C.L.R. (2d) 114 (C.A.), Bankruptcy of CAF +, 2013 ONSC 2749, 3 C.B.R. (6th) 123, NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973, 1186708 Ontario Inc. v. Attara Developments Limited, 2013 ONSC 3137, 1951584 Ontario Inc. v. Northern Bear Golf Club Inc., 2021 ABCA 91, R......
  • First National Financial GP Corporation v. Golden Dragon HO 10 Inc. et al.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • November 16, 2020
    ...has not triggered the right to redeem, was recently re-affirmed by Justice Kimmel in NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973. Justice Kimmel held at para. 73: In circumstances where a mortgagor wants to sell a property that is encumbered and there is no contractual......
  • First National Financial GP Corporation v. Golden Dragon Ho 10 Inc.,
    • Canada
    • Court of Appeal (Ontario)
    • August 31, 2022
    ...24 B.C.L.R. (2d) 114 (C.A.); Bankruptcy of CAF +, 2013 ONSC 2749, 3 C.B.R. (6th) 123; NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973, 7 B.L.R. (6th) 296; and 1186708 Ontario Inc. v. Attara Developments Limited, 2013 ONSC 3137. However, those cases do not speak to a standa......
  • First National Financial GP Corporation v. Bon-Star Inc.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • November 3, 2021
    ...the end of the term (paragraph 68). [24]        In NJS Midtown Portfolio Inc. v. CMLS Financial Ltd, 2020 ONSC 3973, the owner of an apartment building entered into an Agreement of Purchase and Sale without the consent of the mortgagee. Similar to this cas......
3 cases
  • First National Financial GP Corporation v. Golden Dragon HO 10 Inc. et al.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • November 16, 2020
    ...has not triggered the right to redeem, was recently re-affirmed by Justice Kimmel in NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973. Justice Kimmel held at para. 73: In circumstances where a mortgagor wants to sell a property that is encumbered and there is no contractual......
  • First National Financial GP Corporation v. Golden Dragon Ho 10 Inc.,
    • Canada
    • Court of Appeal (Ontario)
    • August 31, 2022
    ...24 B.C.L.R. (2d) 114 (C.A.); Bankruptcy of CAF +, 2013 ONSC 2749, 3 C.B.R. (6th) 123; NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973, 7 B.L.R. (6th) 296; and 1186708 Ontario Inc. v. Attara Developments Limited, 2013 ONSC 3137. However, those cases do not speak to a standa......
  • First National Financial GP Corporation v. Bon-Star Inc.,
    • Canada
    • Superior Court of Justice of Ontario (Canada)
    • November 3, 2021
    ...the end of the term (paragraph 68). [24]        In NJS Midtown Portfolio Inc. v. CMLS Financial Ltd, 2020 ONSC 3973, the owner of an apartment building entered into an Agreement of Purchase and Sale without the consent of the mortgagee. Similar to this cas......
1 firm's commentaries
  • Court Of Appeal Summaries (August 29, 2022 ' September 2, 2022)
    • Canada
    • Mondaq Canada
    • September 6, 2022
    ...24 B.C.L.R. (2d) 114 (C.A.), Bankruptcy of CAF +, 2013 ONSC 2749, 3 C.B.R. (6th) 123, NJS Midtown Portfolio Inc. v. CMLS Financial Ltd., 2020 ONSC 3973, 1186708 Ontario Inc. v. Attara Developments Limited, 2013 ONSC 3137, 1951584 Ontario Inc. v. Northern Bear Golf Club Inc., 2021 ABCA 91, R......

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