Bank’s “dirty hands” deprive it of Mareva injunction even though test met
December 1st, 2010
In the case of Royal Bank of Canada v. Boussoulas, the Ontario Superior Court declined RBC’s request to appoint an interim receiver and grant a Mareva injunction against the defendants, who, it was alleged, were continuing their business through a succession of companies in order to avoid repaying RBC loans. [more] Full article