Appointment of a receiver and manager by instrument is not a sale of a business.
The applicant union sought relief under sections 1(4) and 63 of the Labour Relations Act, alleging that the appointment of a receiver and manager by a bank constituted a sale of a business and that the bank and receiver were related employers.
The Ontario Labour Relations Board dismissed the application, finding that the appointment of a receiver and manager by instrument did not constitute a disposition or sale of the business, making the section 63 application premature.
The Board also declined to make a related employer declaration under section 1(4), as there was no common ownership or control, and the application was merely an attempt to collect uncollectable debts from a solvent creditor rather than to preserve bargaining rights.
London & District Service Workers' Union, Local 220, SEIU, AFL, CIO, CLC v. Price Waterhouse Limited and Canadian Imperial Bank of Commerce, 1983 CanLII 951