The court noted the applicants' counsel's argument that executing a default judgment that is the subject of a pending rescission application negates the essence of the rescission application, but did not make any definitive pronouncement on this point. The court also noted counsel's suggestion that security could be provided to protect the respondent's interests, but did not address this as the matter had already been removed from the urgent roll. The court observed that the applicants had failed to disclose material facts regarding their reprehensible conduct that led to the default judgment, including their defaults both prior to and at the pre-trial conference, and that the court at the pre-trial conference had found their explanation for absence unreasonable and that they were in willful default.