Y R A R B LI W A L N KI S A L A R O ~ co B CONTESTED CORPORATE TRANSACTIONS VOLUME 2 Thomas Heintzman Harry Underwood Winter 1999 This material is for the sole use of students at the Faculty of Law, University of Toronto r BORA- IKX» \M JAN - 5 1999 wi- w lyrij “ . tfORA LASKIN LAW LIBRARY UNIVERSITY OF TORONTO CONTESTED CORPORATE TRANSACTIONS VOLUME 2 Thomas Heintzman Harry Underwood Winter 1999 This material is for the sole use of students at the Faculty of Law, University of Toronto Digitized by the Internet Archive in 2018 with funding from University of Toronto https://archive.org/details/contestedcorpora02hein_0 Section Three: Powers of the OSC to Regulate the Capital Markets Corona Minerals Corp. v. CSA Management Ltd. et al (1988), 68 O.R. (2d) 425 . 1 Re Canadian Tire Corporation and C.T.C. Dealer Holdings Ltd. (1987), 35 B.L.R. 56 . 8 C.T.C. Dealer Holdings Ltd. et al v. Ontario Securities Commission et al (1987), 35 B.L.R. 117. 63 Section Four: Directors’ Duties, Conflicts of Interest and the Oppression Remedy Brant Investments Ltd. et al v. KeepRite Inc. et al (1991), 3 O.R. (3d) 289 . 83 820099 Ontario Inc. v. Harold E. Ballard Ltd. (1991) 3 B.L.R. (2d) 113.109 Rooney v. Cree Lake Resources Corp., Unreported decision of Dilks, J released July 29, 1998. 173 PWA Corporation v. Gemini Group et al (1993), 10 B.L.R. (2d) 109 .189 Budd v. Gentra Inc., Unreported decision of Ontario Court of Appeal released August 4, 1998 . 198 Section Five: Arrangements Under the O.B.C.A. Savage v. Amoco Acquisition Co. (1988), 40 B.L.R. 188 .219 Re Canadian Pacific Ltd. (1990), 70 D.L.r. (4th) 349 (H.C.J.) .227 Re Olympia & York Developments Ltd. (1993), 102 D.L.R. (4th) 149 . 253 Section Six: Shareholder Agreements Robert Flannigan, “The Legal Construction of Rights of First Refusal”.282 Example of Unanimous Shareholder Agreement.326 GATX Corp. v. Hawker Siddeley Canada Inc. (1996), 27 B.L.R. (2d) 251 . 339 Kentucky Fried Chicken v. Scott's Food Services Inc. (1997), O.J. No. 3773, Ont. Ct. (Gen Div) . 384 John Heinzl, “Altamira takeover terms too rigid, Almira says” .424 Paul Waldie, “Altamira hearing focuses on right of first refusal; Manulife challenges shareholders agreement” . 425 Altamira-Plaintiffs’ Statement of Claim. 432 Altamira-Statement of Defence of the Defendants (Manufacturers Life) .441 Altamira-Statement of Defence of the Defendants (Management/Employee Shareholders). 450 Re Ferguson and Imax Systems Corp. (1983), 43 O.R. (2d) 128 . 456 Naneffv. Con-Crete Holdings Ltd. (1995), 23 B.L.R. (2d) 286 . 467 Section Seven: Creditors Use of the Oppression Remedy First Edmonton Place Ltd. v. 315888 Alberta Ltd. (1988), 40 B.L.R. 28 . 479 Re Sidaplex-Plastic Suppliers Inc. and Elta Group Inc. et al 91995), 131 D.L.R. (4th) 399 . 500 Heap Noseworthy Ltd. v. Didham (1996), 29 B.L.R. (2d) 279 . 508 Re Canadian Opera Co. and 670800 Ontario Inc. et al (1989), 69 O.R. (2d) 532 .... 514 Prime Computer of Canada Ltd. v. Jeffrey and Robinson & Jeffrey Ltd. (1991), 6 O.R. (3d) 733 . 519 Section Eight: Duties of Directors of An Insolvent Company Re Trizec Corp. (1991), 1 B.L.R. (2d) 1 . 523 Kinsela and Another v. Russell Kinsela Pty Ltd. (1986), 4 NSWLR 722 . 537