The appellants appealed a partial summary judgment dismissing claims related to the validity of a 2002 estate freeze of a family business (Master Steaks) and an oppression remedy concerning the distribution of funds from a vendor takeback mortgage (VTB) related to other family businesses (Truckers Haven).
The Master Steaks estate freeze excluded the appellant daughter, benefiting her brothers.
The motion judge found the estate freeze was validly implemented in 2002, or alternatively, regularized in 2013.
The motion judge also found that the distribution of VTB proceeds was not oppressive, applying the business judgment rule to the directors' decisions.
The Court of Appeal upheld the motion judge's findings, deferring to his factual and credibility assessments, particularly his adverse findings against the appellant.
The appeal was dismissed.