A t-shirt printer fulfills an order for 100,000 t-shirts from a promotions company. The promotions company refuses to pay for the t-shirts. The printer sues for breach of contract but before judgment is obtained, the promotions company and its affiliates legitimately undergo a restructuring leaving the promotions company without any assets.
Register now for your free, tailored, daily legal newsfeed service.
Questions? Please contact customerservices@lexology.com
RegisterCreditors’ use of the oppression remedy and the Mareva injunction to protect corporate assets
McMillan LLP
MEMBER FIRM OF
To view this article you need a PDF viewer such as Adobe Reader.
Canada
May 25 2009
Popular articles from this firm
If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries@lexology.com.
Related topic hubs
Jan H Snÿman
Chief Legal Adviser: Labour & Employment Law
Sasol Group of Companies
What our clients say
"Lexology is a very relevant and interesting resource for South African in-house lawyers. The newsfeeds are a good measure of a firm's expertise and offer an interesting insight into recent legal developments. I would highly recommend Lexology to colleagues."
