The plaintiffs, a husband and wife, brought an action for wrongful dismissal against the defendants, a restaurant corporation and its majority financial backer.
The wife also claimed a remedy for shareholder oppression under s. 248 of the OBCA.
The court found that the wife was not expressly or constructively dismissed, but rather had resigned from her employment.
The husband's wrongful dismissal claim was also dismissed as he had received adequate payment in lieu of notice.
On the oppression claim, the court found that the defendants' failure to provide annual audited financial statements and the majority backer's post-litigation correspondence violated the wife's reasonable expectations as a shareholder.
The court ordered the purchase of the wife's shares, valuing them at $1.00 as of the date of the original oppressive conduct in 2010, given the corporation's significant debt at that time.
Claims for unjust enrichment and fraudulent misrepresentation were dismissed, as was the defendants' counterclaim for defamation.