The applicants sought to set aside a final arbitration award and obtain leave to appeal it, arguing the arbitrator exceeded jurisdiction by contravening a shareholders' agreement regarding share valuation and by granting relief against non-parties.
The respondent counter-applied to enforce the award.
The court found the arbitrator did not exceed jurisdiction, as the parties had consented to the arbitrator's jurisdiction over oppression, alter-ego, and fraudulent conveyance claims.
The arbitrator's valuation and liability findings, including holding non-parties liable as alter egos, were deemed within the scope of the consent order.
Leave to appeal on pre-judgment interest calculation was denied as a minor issue not meeting the statutory test.
The applicants' application and appeal were dismissed, and the respondent's counter-application to enforce the award was granted.