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.
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RegisterCreditors’ use of the oppression remedy and the Mareva injunction to protect corporate assets
McMillan LLP
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Canada
May 25 2009
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Dave Vallance
Corporate Counsel
Helicopter Services BOP Ltd
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