The court granted default judgment in favour of Lorenzo Orsetto and Ricardo Bigioni against 2416022 Ontario Ltd. and John Bigioni, finding that John’s conduct as an officer and director was oppressive and breached the reasonable expectations of the complainants under the Business Corporations Act.
The court ordered John’s removal as officer and director, the sale of his shares, and provided for judgment for any shortfall.
The decision reviews the principles of default judgment and oppression remedies, and applies them to the facts of the case.
