The appellants appealed a decision finding they acted oppressively towards the respondent, a minority shareholder and president of the company.
The parties had a unanimous shareholder agreement guaranteeing the respondent's position and salary.
While the respondent was hospitalized, the appellants terminated his salary, removed him as president, and allowed receivables from their own company to build up, harming the shared business.
The Divisional Court dismissed the appeal, holding that the business judgment rule does not override express terms of a unanimous shareholder agreement.
The court upheld the findings of oppression, the inclusion of the wrongful dismissal claim within the oppression application, and the order making the appellants jointly and severally liable.