CASE NO. VOL. NO. PAGE
PRINCE EDWARD HOLDINGS INC. - and - JOMAR HOLDINGS LIMITED
(Appellant) (Respondent)
CA162164 Halifax, N.S. Flinn, J.A.
(Orally)
[Cite as: Prince Edward Holdings Inc. v. Jomar Holdings Ltd., 2000 NSCA 119]
APPEAL HEARD: October 12, 2000
JUDGMENT DELIVERED: October 12, 2000
WRITTEN RELEASE OF ORAL: October 16, 2000
SUBJECT: Vendor and Purchaser - Adjustments on closing - pre-judgment interest
SUMMARY: Vendor and purchaser unable to agree on closing adjustments in real estate transaction. Trial judge fixed those adjustments, including pre-judgment interest, and the vendor appeals.
RESULT: Appeal dismissed.
Trial judge made no error in his interpretation of the agreement of purchase and sale in determining the closing adjustments.
The fixing of pre-judgment interest in this case is largely discretionary. The trial judge made no error in principle in the exercise of that discretion.
This case is fact specific.
|
This information sheet does not form part of the court’s judgment. Quotes must be from the judgment, not this cover sheet. The full court judgment consists of 7 pages. |