The appellant challenged the dismissal of his action alleging misrepresentations in connection with the purchase of interests in two closely held businesses, and also challenged partial allowance of counterclaims by the respondents.
The Court of Appeal held that the trial judge's findings were grounded in credibility, were well supported by the record, and attracted deference.
It rejected the argument that one respondent breached the share purchase agreement by selling an interest he did not own, finding both parties understood the transaction as a sale of that respondent's interest.
It also upheld a damages award reflecting another respondent's continuing ownership interest after the appellant operated and dissolved one company without accounting to that shareholder.
The appeal was dismissed with costs.
