The Litigator

THE LITIGATOR

Commentary on Law Affecting Business

The Litigator
AGM :: Affleck Greene McMurtry LLP

THE LITIGATOR

Affleck Greene McMurtry LLP
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Commercial Litigation Update – June 2006

CONTRIBUTORS: MICHAEL OSBORNE, JENNIFER CANTWELL, KYLE PETERSON, KENNETH DEKKER, PAUL EMERSON AND STEPHANIE GABOR

UNFAIR INTERCORPORATE TRANSACTIONS OPPRESSED FORD CANADA SHAREHOLDERS

An unfair intercorporate transfer price system in place between Ford Motor Company of Canada and its US parent, Ford Motor Company, oppressed Ford Canada’s minority shareholders, the Ontario Court of Appeal ruled in early 2006. However, because there was no evidence as to when these shareholders owned their shares, they were each entitled to only one day’s damages… and more.

 

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W. Michael G. Osborne
Affleck Greene McMurtry LLP

W. Michael G. Osborne

Michael Osborne is a former Partner of Affleck Greene McMurtry LLP

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