The judicial stage is set for a dispute between Dean Smith’s Intelivote Systems Inc. and a $1.3-million claim filed by the Atlantic Canada Opportunities Agency. Smith’s Dartmouth company claims the amount sought by ACOA represents portions of “non-repayable amounts” it received from the federal agency in four instalments in recent years, according to documents reviewed Thursday at Nova Scotia Supreme Court. A defence filed by Intelivote on Dec. 21 denies an assertion by ACOA the company has ceased operations and, as a result, owes the agency the $1.3 million. “The defendant has become insolvent, resulting in an event of default as defined in the terms and conditions of the agreements,” according to a statement of claim filed by ACOA.
Neither Smith, president and founder of the telephone and Internet voting company, nor ACOA officials were available for comment Thursday.
The statement of claim filed by ACOA reflects the agency’s contention the company has defaulted on required payments.
A series of amendments to its agreements with Intelivote that altered the “repayable” contributions demonstrate the company owes the agency $1.3 million, states the document filed by ACOA.