The applicant, a 50% shareholder and operator of a pharmacy, sought an interlocutory injunction in the context of an oppression remedy application against the respondent shareholders.
The respondents had suspended the applicant's employment and changed bank signing authorities after discovering alleged self-dealing.
The court dismissed the applicant's request for broad injunctive relief that would have excluded the respondents from the business, finding it went far beyond maintaining the status quo.
The court ordered limited interim measures, including dual-signature requirements for cheques, and directed the parties to agree on a valuator for a potential buyout.
