Corporate deadlocks: how to resolve them?
How a BC court broke a 50/50 shareholder deadlock with a “shotgun” buy-sell order, and who had to make the first offer. Emadi v. Soleymani, 2025 BCSC 1178.
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A shareholder’s conduct can disentitle them from shareholder remedies
A court refused to liquidate a family printing company for a shareholder whose own misconduct got him fired. Castilloux v. Mitchell, 2024 BCSC 1985.
“Kicking the tires” on the purchase of a business can be costly.
A “non-binding” letter of intent can still bind you: a buyer that walked away from a dealership purchase lost its $250,000 deposit. 2024 BCSC 1829.