The applicant moved to change a child and spousal support order following his termination for cause from his position as CEO of Redknee.
He claimed a catastrophic change in circumstances due to his job loss and the forced sale of his shares to meet margin calls.
The court dismissed the motion, finding it premature as the original order required his income to drop below $465,000 for two consecutive years before a review.
The court also found the applicant failed to prove a material change not contemplated by the original order, noting his lack of disclosure, failure to mitigate, and prioritization of his second family's expenses over his support obligations.
