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Oppression

Posted on October 19, 2022 | Posted in Commercial Matters, Five Liners

Wisser v. CEM International Management Consultants Ltd. 2022 Alta QB

Employee was dismissed without proper notice. He brought an action against his old employer and its principals and a new corporation that the principals had incorporated to carry on the old employer’s business. He brought his action against the principals and the new corporation under the oppression section of the Alberta Business Corporations Act. The court held all defendants liable, holding in particular that the transfer of all assets for minimal consideration to the new corporation was oppressive conduct.

 

Jonathan Speigel

 

Written by Jonathan Speigel, the founding partner of Speigel Nichols Fox LLP, leads the litigation and construction practices.

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