Oppression: Divisional Court Upholds Liquidation to Resolve Shareholder Dispute

Basegmez v. Akman, 2018 ONSC 812 Recently, the Divisional Court upheld a decision by Lederman J., whereby the court ordered the liquidation of a closely held corporation after finding that one of the shareholders acted oppressively; ¬†in other words, in a manner that was unfairly prejudicial to the other shareholders. Tarn Financial Corporation was founded […]