General Publishing Co. Limited (Re)

General Publishing Co. Limited (Re)

The Court of Appeal found no reversible error in Ground J.'s reasoning (paras. 6-8), agreed with his decision, dismissed the appeal and fixed costs at $10,000; the record did not justify overturning the Superior Court's order.

Source-derived case information.

Citation
C40561
Parties
Appellant: ACE INA Insurance; Respondent: Bank of Nova Scotia; Respondents: Jack Stoddart et al.; Debtor: General Publishing Co. Limited
Court
Court of Appeal for Ontario
Jurisdiction
Canada
Judgment Date
12 January 2004
Procedural Posture
Application Under the Companies' Creditors Arrangement Act; Appeal From Superior Court Order / Court of Appeal Decision on Appeal From Superior Court of Justice
Outcome
Appeal dismissed
Legal Topics
Companies' Creditors Arrangement Act, Plan of Compromise or Arrangement, Costs, Standard of Appellate Review
Source Language
en
Corporate Insolvency Civil Procedure Appeal Insurance Law Companies' Creditors Arrangement Act Plan of Compromise or Arrangement Costs Standard of Appellate Review

Source-derived case record

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Parties

ACE INA Insurance

Appellant

Bank of Nova Scotia

Respondent

Jack Stoddart et al.

Respondents

General Publishing Co. Limited

Debtor

Procedural Posture

Application Under the Companies' Creditors Arrangement Act; Appeal From Superior Court Order / Court of Appeal Decision on Appeal From Superior Court of Justice

  1. 1 Whether the Superior Court order should be set aside
  2. 2 Whether the reasons in paras. 6-8 of Ground J.'s endorsement contained reversible error
  3. 3 Appropriate quantum of costs

Ratio Decidendi

The Court of Appeal found no reversible error in Ground J.'s reasoning (paras. 6-8), agreed with his decision, dismissed the appeal and fixed costs at $10,000; the record did not justify overturning the Superior Court's order.

Court Disposition

Appeal dismissed

Orders

  • Appeal dismissed
  • Costs fixed in the total sum of $10,000