In a shareholder oppression dispute involving the transfer of a restaurant business into related corporations after an earlier court order, the responding party commenced a second application while an appeal from an interlocutory order remained pending.
The moving respondents sought a stay, conversion to an action, security for costs, and substantial indemnity costs.
The court declined to grant that relief immediately and instead adjourned the motion until after the Divisional Court appeal, while imposing preservation and non-disposition terms to protect the responding party's interests.
Costs were reserved.
