A dispute arising from a failed gas station development venture.
The plaintiff invested $350,000 for a 50% interest in a company owning a property in Thorndale, Ontario, with the defendant agreeing to complete development obligations in exchange for a 50% interest for $50.
The relationship deteriorated due to lack of communication and delays.
The defendants sold the property to a third party without the plaintiff's knowledge or authorization.
The plaintiff obtained a certificate of pending litigation and commenced litigation.
The property was eventually returned to the original company.
The court found the defendants liable for oppression and fraud, ordered a shotgun buy-sell arrangement based on independent appraisal, and awarded damages at large.