Financial Services & Insolvency Communiqué

Open book with eyeglasses folded on top; a pen sits over top a budget sheet

July 20, 2017

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Lesson to Directors: You can be held personally liable for oppressive conduct

Laura Bambara, Mary Delli Quadri

While Supreme Court of Canada judgments dealing with commercial law are scarce, in Wilson v. Alharayeri, Canada’s highest Court unanimously held that directors, as opposed to the corporation, itself can be held personally liable for corporate oppression. The Supreme Court...

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