September 12, 2023
Shareholder Remedies – Evidence Matters
Shareholder disputes are inherently fact-driven. A recent decision of the Ontario Court of Appeal, Hrvoic v. Hrvoic, 2023 ONCA 508 (Feldman, Benotto and Roberts JJ.A.), emphasizes the importance of the evidentiary record where the division of shares and share valuation are at issue.
January 26, 2023
No Discretion to Refuse Shareholder’s Request for Audited Financial Statements
The Court does not have discretion under the Ontario Business Corporations Act (“OBCA”) to refuse a shareholder’s request for the corporation to produce audited financial statements.