The oppression remedy is a very broad and powerful remedy that the courts can invoke when there has been conduct by a corporation or its directors that is unfairly prejudicial to or unfairly disregards the interests of security holders, creditors, directors or officers of the corporation. Once oppression has been found, the court has a very broad discretion to grant oppression remedies to the complainant.
Lawyers at our firm have been successful in all levels of court in Ontario both on behalf of corporations accused of oppression as well as in pursuing oppression remedy claims on behalf of aggrieved shareholders and ousted officers and directors. We have obtained substantial judgments and have regularly argued appeals involving oppression remedy principles. For more information about oppression remedies see the following:
