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SCC Decision: December 20, 2007

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Jedfro Investments (U.S.A.) Ltd. v. Jacyk, 2007 SCC 55
Click here to link to the full judgment.
(Contracts / Enforcement / Breach)
One member of a joint venture sued the other two parties for breach of the joint venture agreement.  The parties had earlier defaulted on the joint venture agreement, but chose not to abide by its default provisions.  One party (not the suing party) had rescued the joint venture by purchasing the joint venture's debt.  The Court held that the parties did not discharge the agreement; there was no agreement to terminate, no abandonment, and they did not treat the breach as ending the agreement.
Majority/Dissent: 7/0