Focus on Insolvency: Minority Shareholder Has Standing To Apply To Annul A Bankruptcy
Date:
October 30 2007
In
Re American Bullion Minerals Ltd. (2007) BCSC 1083, minority shareholders applied to the Court to annul the bankruptcy of the debtor company. The trustee in bankruptcy filed an opposing motion for a declaration that the minority shareholders did not have standing in the bankruptcy to make such an application.