Employee not entitled to wrongful dismissal damages for share bonus (dividend) during notice period, Court of Appeal affirms
Update: The Supreme Court of Canada dismissed Mr. Mikelsteins’ application for leave to appeal without reasons on January 20, 2022. The Ontario Court of Appeal affirmed last week its earlier decision in Mikelsteins v. Morrison Hershfield Ltd. that a terminated employee was not entitled to share bonuses during the notice period nor entitled to have his shares valued at the end of the notice period. As discussed in an earlier post, the Supreme Court of Canada remanded this case back to the Court of Appeal for disposition in accordance with its decision in Matthews v. Ocean Nutrition Canada Ltd.. For ... [more]
Supreme Court explains duty to exercise contractual discretion in good faith
Wrong square footage leads to rescission of agreement of purchase and sale
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