220 Dundurn Street South – Mass Tort

Update:

The parties successfully mediated this action with the former Supreme Court of Canada justice Thomas Cromwell and are in the process of finalizing the settlement.

 

Landy Marr Kats LLP has commenced a mass tort legal action in the Ontario Superior Court of Justice against a condo developer and related entities. The following parties are the named Defendants:

1. 220 Dundurn St. Inc.;
2. DIV Construction Services Inc.; and
3. Denis Ivan Vranich

The action is brought on behalf of approximately thirty purchasers whose agreements of purchase and sale for units in 220 Dundurn Street South, Hamilton, Ontario (“220 Dundurn”) were terminated.

Each purchaser agreed in 2018 or 2019 to buy a unit at 220 Dundurn as a place to live or as an investment opportunity with the reasonable expectation that the developer would act in good faith to complete the deal.

The action seeks compensation for damages suffered when the developer instead transferred ownership of all 124 units in the building to another corporation and improperly relied on a condition in the agreements to cancel the deals with the original purchasers.

The action alleges breach of contract, breach of duties of good faith and honest contractual performance, negligent misrepresentation, conspiracy, breach of trust, knowing receipt of trust property, intentional interference with contractual relations and/or unjust enrichment.

If you were a purchaser of one of the 124 residential units of 220 Dundurn, we encourage you to contact our offices if you wish to participate in the action. Please email us at dundurnmasstort@lmklawyers.com.

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In any class action lawsuit, it is the Court that must approve and determine who will be eligible for participation in the class. If you feel that you may qualify for damages or remedies that might be awarded in this class action litigation, we request that you fill out and submit the above form to help us determine if you are a legitimate member of the class or to make sure that you receive any future Court mailings about the case. However, the return of the above form does not guarantee you any type of compensation whatsoever.