Court of Appeal to revisit employee’s right to wrongful dismissal damages regarding shareholdings
Update: The Court of Appeal reconsidered its earlier decision in light of Matthews v. Ocean Nutrition Canada Ltd. but it did not change the outcome of the appeal. Read a summary of the Appellate court’s affirmed decision here. Canada’s highest court has recently remanded a case back to the Ontario Court of Appeal for disposition dealing with an employee’s entitlement to damages relating to his shareholdings in his former employer’s parent company. The Supreme Court of Canada remanded Mikelsteins v. Morrison Hershfield Ltd. without reasons but on the basis of its recent decision in Matthews v. Ocean Nutrition Canada Ltd. ... [more]
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