Corporate Law

Feb 10, 2020 | Uncategorized

Oppression Remedy

Are you a shareholder or other interested party unfairly prejudiced by the conduct of a corporation? You may have the right to bring a court action against the corporation under section 241 of the Canada Business Corporation Act. A  complainant may be able to bring a court action with the goal to limit a director’s oppressive actions. Such actions can include issuing shares to turn a majority shareholder into a minority shareholder; providing dividends or payments to some shareholders and not others; or otherwise acting to the benefit of some shareholders and the detriment of others.

 

Contact us to learn more about the legal remedies available to you.

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