The Ontario Court of Appeal Rejects Appeal as of Right for Sale Approval Order and Denies Leave

Rushi Chakrabarti and Alexander Soutter of TGF share that the Ontario Court of Appeal recently held that a party challenging a sale approval order under section 193(c) of the BIA must show a clear, evidence-based loss exceeding $10,000, rather than merely speculate that a better price might have been achieved.

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