Casey v. CopperLeaf Technologies Inc., 2010 BCSC 417
Ken McEwan, K.C. Argued Successfully for the Dismissal of an Oppression Claim Brought Against the Directors of an Asset Management Corporation
The founder of the corporation brought an oppression claim after the board effected an insider financing proposal that resulted in a dilution of the founder’s interest in the corporation. The court accepted Ken’s arguments that the insider financing was in the best interests of the corporation and that the directors fulfilled their fiduciary duties. Read case here.