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Ontario Court Of Appeal Affirms Fraud As Independent Basis For Director Liability
It is well-established that Canadian law shields directors and officers from personal liability for corporate acts, except in circumstances that justify piercing the corporate veil. In CHU de Québec-Université Laval v. Tree of Knowledge International Corp., the Ontario Court of Appeal confirmed that fraudulent conduct is also a basis for imposing personal liability on officers and directors of a corporation, even where the test for piercing the corporate veil is not met.
Canada Commercial
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Blake, Cassels & Graydon LLP
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Affaire Millhouse Farms : l’utilisation de matériel loué peut-elle lier un emprunteur même sans certificat d’acceptation signé?
La Cour d'appel de la Saskatchewan examine si un contrat de location de matériel agricole peut être exécutoire lorsque l'emprunteur n'a jamais signé de certificat d'acceptation, mais a pris possession du matériel, l'a utilisé pendant une saison complète et a effectué des paiements. Cette décision établit des principes fondamentaux sur la formation des contrats et l'acceptation par le comportement dans le contexte des transactions commerciales.
Canada Commercial
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Miller Thomson LLP
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