The appellants appealed a trial judgment resolving a deadlock in a family-owned ice cream business.
The trial judge ordered the majority shareholder to sell her shares to the minority shareholder for fair market value.
On appeal, the appellants argued the trial judge ignored the majority shareholder's reasonable expectations, her security interest in the business, and the minority shareholder's alleged misappropriation of a corporate opportunity.
The Divisional Court dismissed the appeal, finding no palpable and overriding error in the trial judge's factual findings or application of the law, including the conclusion that the appellants were more responsible for the deadlock.
