The defendant, Great Lakes Nickel Limited (GLN), brought a motion to vary three previous orders and release $900,000 paid into court back to GLN.
GLN argued that following a partial summary judgment decision, it could no longer be found liable for damages.
The plaintiffs opposed, arguing the fraudulent conveyance action against GLN was still active and the funds were necessary to satisfy a potential judgment.
The court dismissed the motion, finding that the foundation for the orders remained because the fraudulent conveyance claim was ongoing and the funds were GLN's only asset.
