The Litigator
The Litigator
AGM :: Affleck Greene McMurtry LLP
THE LITIGATOR
Affleck Greene McMurtry LLP
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shareholders reasonable expectations


 

Superior Court clarifies that unmet shareholder expectations do not always amount to oppression

In Darvish-Kazem v Pazkaz Enterprises Inc, 2022 ONSC 1667, Justice E.M. Morgan of the Ontario Superior Court of Justice issued a friendly reminder pertaining to the OBCA’s s. 248 oppression ... [more] Full article

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