Mr. Rudson

The court addressed costs and interest following a prior judgment on share valuation.

Due to mixed results and the inherent unpredictability of share valuation, the court ordered each party to bear their own costs, including expert fees.

On the issue of interest, the court determined that the discretion to award interest to dissenting shareholders under the Ontario Business Corporations Act (OBCA) was not curtailed by the corporation's ability to pay.

Prejudgment interest was awarded at the prescribed rate of 0.8% from the date of the statutory offer (May 11, 2017) to the date of the judgment, with postjudgment interest thereafter, on the determined share values for the dissenting shareholders.

In the penalty phase of a civil contempt motion, the plaintiff sought to strike the defendants' pleadings, punitive damages, fines, and costs after the defendants were found to have intentionally failed to produce sales invoices and emails, and swore a false affidavit of documents.

The court declined to strike the pleadings or award punitive damages, noting the documents were eventually produced.

Instead, the court ordered the defendants to pay fines of $7,500 and $5,000 to the plaintiff, costs thrown away of approximately $20,000, and the costs of the contempt motion on a full indemnity basis.

In this case management endorsement, the court addressed the timetabling of several outstanding motions in a family law proceeding.

Both parties sought to bring motions to vary a temporary support order.

The court declined to permit these motions to proceed, noting that temporary orders are not meant to be changed pending trial and that the respondent had failed to provide a complete financial statement.

The court scheduled the respondent's motion for production of a lawyer's file and the applicant's motion for interim disbursements, and set dates for a settlement conference and trial.

The appellant husband appealed a trial judgment ordering him to pay a $3.3 million equalization payment, retroactive child support, ongoing child support, and costs including a $150,000 premium.

The core issues involved whether a cottage owned by the husband's numbered company constituted a matrimonial home, the valuation of his business, and the appropriateness of the support and costs awards.

The Court of Appeal upheld the trial judge's decision to pierce the corporate veil regarding the cottage and accepted the business valuation and support orders.

However, applying recent Supreme Court jurisprudence, the court allowed the appeal in part to set aside the $150,000 costs premium.

The respondent wife's cross-appeal seeking higher pre-judgment interest was dismissed.