**Overview** - Plaintiff, Guoping Li, loaned $6.5 million for a construction project on September 5, 2013, which was not repaid. - Legal action initiated against entities for contract breach or unjust enrichment. - Defendants, Wenyi Wang, 2247697 Ontario Inc., King Square Ltd., and Markland Residential Corporation, did not defend; plaintiff sought default judgment. **Decision** - Default judgment granted against three defendants; motion adjourned for the fourth (Markland Residential) pending further materials. **Key Issues and Analysis** - **Privity of Contract and Liability** - Defendants Wenyi Wang, 2247697 Ontario Inc., and King Square Ltd. had contracts with the plaintiff, thus liable for the Loan repayment. - Loan default acknowledged, with agreements outlining repayment terms and interest rates. - **Unjust Enrichment** - Markland Residential received a portion of the Project fraudulently transferred, deemed unjustly enriched. - Plaintiff seeks damages for the Loan and interest but lacks evidence to quantify the value unjustly received by Markland Residential. **Damages Entitlement** - Acknowledgment of $6.6666 million debt as of May 4, 2015. - Agreed 20% interest rate confirmed, with partial repayments made. - Total outstanding balance calculated at $12,394,307.42 as of the decision date. **Costs and Post-Judgment Interest** - Plaintiff awarded costs of $37,440.38, considered fair and reasonable. - Post-judgment interest set at the contract rate of 20% for Mr. Wang, 2247697 Ontario, and King Square. **Pending Actions** - Motion adjourned for Markland Residential; plaintiff to file supplementary materials within 14 days or the motion will be dismissed.