We previously reported on the Styles v. Alberta Investment Management Corporation decision of the Court of Appeal.
On June 1, the Supreme Court of Canada refused Mr. Styles' request for leave to appeal. The decision of the Court of Appeal therefore stands and Mr. Styles' claim for the value of long term incentive plan units which had not vested at the time of his termination of employment is dismissed.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.