Results | Dec 21, 2016

Arbitral Award Upheld By Superior Court On Appeal

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On December 20, 2016, Madam Justice Kristjanson of the Ontario Superior Court of Justice released Reasons dismissing  an appeal from an arbitral award in which a claim for rectification of a right of first offer in a unanimous shareholders’ agreement was dismissed. The award contains an extensive review of the law governing rectification claims and the appeal decision is a helpful review of principles governing appellate review of arbitral awards. The arbitral award can be found here richler-award-mar-18-2016. The appeal decision can be found here endorsement-of-justice-kristjanson-dec-20-2016.   The successful respondents were represented by Jonathan Lisus, Andrew Winton and Niklas Holmberg.