Joan Gadsby Ordered to Post $15,000 as Security for Costs
Ms. Joan Gadsby, sole shareholder of Seaview Villa Estates Ltd., provided a covenant in respect of a mortgage. Joan Gadsby defaulted under the mortgage and foreclosure proceedings were commenced against Ms. Joan Gadsby and her company. She never honoured the required payments and an order nisi of approximately $1,000,000 was granted and the property sold. (Gadsby…