The Litigator
The Litigator
AGM :: Affleck Greene McMurtry LLP
THE LITIGATOR
Affleck Greene McMurtry LLP
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Archive for June, 2006


 

Intercorporate transactions may be oppressive

An unfair intercorporate transfer price system in place between Ford Motor Company of Canada and its US parent, Ford Motor Company, oppressed Ford Canada's minority shareholders, the Ontario Court of Appeal ruled in early 2006. However, because there was no evidence as to when these shareholders owned their shares, they were each entitled to only one day's damages. [more] Full article

Lawyer forces TD Bank to release trust funds

A Toronto real estate lawyer was successful recently in forcing the Toronto-Dominion Bank to release funds held in his trust account after the bank wrongly purported to freeze his account to recoup its loss from a fraudulent cheque that had been drawn by another of the lawyer's clients and deposited into the trust account. [more] Full article

Commercial Litigation Update – June 2006

CONTRIBUTORS: MICHAEL OSBORNE, JENNIFER CANTWELL, KYLE PETERSON, KENNETH DEKKER, PAUL EMERSON AND STEPHANIE GABOR UNFAIR INTERCORPORATE TRANSACTIONS OPPRESSED FORD CANADA SHAREHOLDERS An unfair intercorporate transfer price system in place between ... [more] Full article