On a motion for a stay pending leave applications to the Supreme Court of Canada, the moving parties sought to suspend an order holding that Ontario had jurisdiction over an action to recognize and enforce a foreign judgment of approximately $9.51 billion.
The court applied the RJR-MacDonald test as modified for stays pending leave applications, requiring consideration not only of a serious issue but also of the merit and public importance requirements under s. 40(1) of the Supreme Court Act.
The court found serious questions concerning recognition and enforcement jurisdiction, enforcement against a non-party to the foreign judgment, and the possible role of corporate veil-piercing, all of which met the public importance threshold.
Although irreparable harm was shown only weakly, the balance of convenience and interests of justice favoured a temporary pause pending the Supreme Court of Canada’s leave determinations.
The motions were granted and the parties bore their own costs.