The applicant brought an application within an ongoing oppression remedy proceeding seeking repayment of a shareholder loan.
The applicant sought to impose enterprise liability on related companies and personal liability on the estate of his former business partner.
The court found that the former partner had engaged in oppressive conduct by diverting corporate funds for personal benefit, defeating the applicant's reasonable expectations.
The court held the estate personally liable for the immediate repayment of $2,421,300 of the shareholder loan, but declined to impose enterprise liability on the related companies or personal liability on the estate trustee.