2 total
Share sellers ordered to indemnify purchasers for undisclosed legal fees but not post-closing severance.
The applicants purchased all shares of Stuart Investment Management Ltd. from the respondents pursuant to a Share Purchase Agreement.
Post-closing, the applicants discovered unpaid legal invoices from an ongoing regulatory investigation and faced a wrongful dismissal claim from a retained employee.
The applicants sought indemnification for these liabilities under the agreement, while the respondents cross-applied for unpaid rent under a sublease.
The court held that the respondents must indemnify the applicants for the undisclosed legal invoices, but not for the wrongful dismissal claim, which arose from the applicants' post-closing actions.
The court also found the individual respondent was not personally liable and dismissed the cross-application for rent due to lack of privity.
Human rights application dismissed as abandoned after applicant failed to attend the scheduled hearing.
The applicant filed an application alleging discrimination in the area of goods, services and facilities.
A hearing was scheduled, but the applicant failed to attend.
The Tribunal found that the applicant had notice of the hearing and failed to take the necessary steps to pursue the application.
The application was dismissed as abandoned.