Alicia Krausewitz

The plaintiffs brought a motion to strike the defendants' statement of defence and for costs thrown away after the defendants failed to attend scheduled examinations for discovery.

The court found that the defendants' non-attendance was due to their former counsel's inadvertent misunderstanding of the schedule, rather than a deliberate flouting of a court order.

The motion to strike was dismissed, as the draconian remedy was not warranted and the defendants offered to cure the default.

However, the court awarded the plaintiffs $15,823.77 in costs thrown away for the wasted preparation time and disbursements related to the missed examinations.

The applicant, a dissenting shareholder, sought a declaration that he owned 900,000 shares in a junior mining company prior to its amalgamation, and an order fixing the fair value of those shares.

The respondent argued the applicant's shareholdings were limited by an Anti-Dilution Agreement.

The court found the applicant was the registered holder of 900,000 shares and had a statutory right to dissent under s. 185 of the OBCA, unconstrained by the contractual agreement for the purpose of valuation.

The court fixed the fair value of the shares at $0.07 per share based on expert evidence of comparable junior mining companies.

The applicant's claim for oppression was dismissed.