Blog
Blog
Oppression remedy denied to non-shareholder of corporation
Tuesday, March 29, 2022James R.G. CookLitigationOppression Remedy, Ontario Business Corporations Act
The oppression remedy in corporate law statutes such as the Ontario Business Corporations Act provides a mechanism for disgruntled shareholders or other stakeholders to obtain relief...
Read the full post, click here.
Ontario Eliminates the Resident Canadian Director Requirement
Thursday, August 26, 2021Eliane Leal da SilvaBusiness Law, Corporate LawOntario Business Corporations Act, Bill 213: Better for People, Smarter for Business Act
The province of Ontario, by Bill 213, Better for People, Smarter for Business Act (“Bill 213”), has revoked subsection 118(3) of the Business Corporations Act (Ontario) (“OBCA”) which requires that...
Read the full post, click here.
92-year old minority shareholder obtains oppression remedy
Thursday, May 27, 2021James R.G. CookLitigationShareholders’ Agreement, Courts of Justice Act, Ontario Business Corporations Act
In V.M. Koury Investments Ltd. v. Bolton Steel Tube Co. Ltd., 2021 ONSC 3408 (CanLII), the 92-year old applicant owned 30% of the shares...
Read the full post, click here.