The case involves a dispute between two brothers, Nickolas and George Georghiades, co-founders of a real estate business (LP).
Nickolas brought a motion seeking the appointment of an auditor, inspector, and monitor, and direct access to business information, alleging oppression and misappropriation of funds by George.
The court found a prima facie case of oppression due to George's control over information and the brothers' dysfunctional relationship.
The court ordered the appointment of an independent Monitor with a prescribed mandate to observe and report on the business's financial activities, in addition to an agreed-upon audit.
The request for a separate inspector/investigator and direct access was declined at this stage, with the possibility of revisiting if the Monitor's reports indicate ongoing difficulties.
No costs were awarded.