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Personal Liability

Posted on April 4, 2023 | Posted in Commercial Matters, Five Liners

Li v. Zhu 2023 Ont SCJ (AJ)

Associate judge decided that he had jurisdiction to grant default judgment on a reference. He held that the individual was liable for the corporation’s defaults because it was a one-person, single-purpose, shell corporation and the individual had falsely represented that he and the corporation could complete the renovation work properly. The individual was held liable both in misrepresentation and by piercing the corporate veil.

 

Jonathan Speigel

 

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

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