Parties: 1999269 Ontario Limited and 1999267 Ontario Limited (Plaintiffs) vs. Gonzalo Raul Gadea Aguiar a.k.a Gonzalo Raul Aguiar Gadea and others (Defendants).
Facts: Plaintiffs allege the defendants engaged in prolonged fraud, involving investments of approximately $27 million in Uruguay for cannabis production, which were misappropriated.
Issues: Liability for fraud, breach of fiduciary duty, conversion, unjust enrichment, and the quantum of damages.
Ruling: Default judgment against A.D. Group for US $11,812,487 and CAD $500,000, with orders for compliance and an extended Mareva injunction.
Amount Awarded: US $11,812,487 ($12,312,487 CAD) and CAD $500,000, plus disbursement of funds held by supervising counsel and TD Bank to the plaintiffs.
