Agricultural Law Netletter - December 7, 2016 Issue 361

HIGHLIGHTS

* A Justice of the Ontario Superior Court of Justice has reviewed and explained the basic principles of contract with respect to whether individual farmers, or their corporation, are liable for a supplier's debt, and the basis upon which interest can be claimed by a supplier. Credit applications completed by the farmers were hopelessly ambiguous, however they did refer to a corporate name. The Court found that this was sufficient to bring home to the supplier that it was dealing with a corporation. The Court also found that a contract to pay interest had been established based on the provisions of a credit application and numerous invoices. The case contains a discussion of the case law and a number of principles involved in resolving both issues. (Huron Bay Co-operative Inc. v. Needham, CALN/2016-029, [2016] O.J. No. 6170, Ontario Superior Court of Justice)