Smith v Tassone

canada, canadian, case law, court opinion, canlii, bcca, 2026bcca387, 2026 bcca 387 (canlii), 2026, bcca, 387, (canlii), ca50490, 2026, business associations, corporate remedies, oppression, business corporations act, s. 227(2), bce inc. v 1976 debentureholders, whether the shareholder’s reasonable expectations were supported on the evidence in a closely, held family corporation, estate freeze context and change in control considered, trial judge entitled to focus on post, control period, appeal dismissed, business associations, corporate governance, annual general meetings and auditing, business corporations act, ss. 182(1), 203(1), whether failure to hold annual general meetings and provide audited financial statements breached reasonable expectations, no unanimous waiver and mandatory statutory compliance, systematic withholding of information considered prejudicial, oppression finding upheld, appeal dismissed, business associations, directors, conflict of interest and self, dealing, business corporations act, ss. 147, 150, whether transferral of corporate shares and related self, dealing, without disclosure and approval, supported oppression and accounting, no disinterested director and no special resolution, shareholder deprived of ability to assess best interests, liability to account for profits addressed, appeal dismissed, business associations, dividends, differential dividends among share classes, whether declaring unequal dividends without a legitimate rationale was arbitrary and oppressive, corporate ability to declare different dividends not determinative, expectation of equitable treatment as shareholder recognised, care, diligence, and skill referenced, oppression finding upheld, appeal dismissed