Jassmine Girgis of the University of Calgary, Faculty of Law examines a case where the Ontario Court of Appeal had to decide which remedy to order in a case where a director had stripped assets from the corporation, causing the company to defeat its creditors: a lifting of the corporate veil, or the oppression remedy.
Lifting the Corporate Veil v Personal Liability Under the Oppression Remedy: When Directors Behave Badly, When is Each Remedy Appropriate?
May 26, 2023
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