The applicant, a passive minority shareholder in a closely-held printing business, brought an oppression application against the majority shareholder.
The applicant sought to force a buyout of his shares at fair market value, alleging he was excluded from decision-making and denied financial information.
The court dismissed the application, finding that the applicant had historically chosen not to be involved in the business and that the respondent had not frustrated any reasonable expectations.
The court concluded that the oppression remedy was an improper vehicle for resolving a simple dispute over share valuation.
