The applicants sought leave to appeal an order requiring them to post security for costs.
The plaintiffs had made a proposal to creditors under the Bankruptcy and Insolvency Act, meaning the proceeds of the action would benefit the creditors.
The motions judge ordered security for costs, finding the plaintiffs were nominal and the creditors who stood to benefit had not shown an inability to post security.
The Divisional Court dismissed the motion for leave to appeal, finding no good reason to doubt the correctness of the decision and that the proposed appeal did not involve matters of general importance.