Raymond James Ltd. v. N.
Summary Judgment: Agency Agreement Termination & Loan Recovery
Summary
This is a summary judgment motion involving a dispute between an investment dealer and an investment advisor following the termination of their agency agreement. The plaintiff sought recovery of a forgivable loan balance, while the defendant counterclaimed for wrongful termination and breach of good faith. The court granted summary judgment, finding no genuine issue for trial, as the contract terms were clear and IIROC regulatory findings supported the termination.
Outcome
Summary judgment granted for the plaintiff
Key Factors
- summary judgment
- wrongful termination
- agency agreement
- duty of good faith
- IIROC findings
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This summary was written by AI from the published decision and its headnote. It is not an official version of the decision; read the full text on CanLII before relying on it. This is legal information, not legal advice. Ontario Severance is an educational tool. If you are facing a serious employment law matter, consult with a qualified employment lawyer in Ontario.