Cira v. Rico Resources Inc.

Cira v. Rico Resources Inc.

The appeal was dismissed because the relief sought concerned the internal governance of a Utah corporation and, under the principle of comity, Ontario courts should not issue orders directing or regulating the internal affairs of a foreign corporation; the motion judge did not err in principle in fixing costs.

Source-derived case information.

Citation
C42014
Parties
Appellant: Joseph P. Cira; Appellant: John Anthony Hines aka Tony Hines; Appellant: William Kloepfer; Appellant: Christopher Gorman; Respondent: Rico Resources Inc.; Respondent: George Boden; Respondent: Don Stott; Respondent: Robert Carpenter; Respondent: Corporacion Internacional de Recursos Grupo Cangrejo S.A.; Respondent: W. Patrick Finlan; Respondent: Equity Transfer Services Inc.
Court
Court of Appeal for Ontario
Jurisdiction
Canada
Judgment Date
8 February 2006
Procedural Posture
Civil Appeal / Court of Appeal Decision on Motion Appeal
Outcome
Appeal dismissed; leave to appeal costs granted but costs appeal dismissed; costs of appeal awarded to respondents.
Legal Topics
Internal Governance of Foreign Corporation, Comity, Shareholders Meetings, Disclosure of Shareholders' Lists, Costs
Source Language
en
Civil Corporations Private International Law Internal Governance of Foreign Corporation Comity Shareholders Meetings Disclosure of Shareholders' Lists Costs

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Parties

Joseph P. Cira

Appellant

John Anthony Hines aka Tony Hines

Appellant

William Kloepfer

Appellant

Christopher Gorman

Appellant

Rico Resources Inc.

Respondent

George Boden

Respondent

Don Stott

Respondent

Robert Carpenter

Respondent

Corporacion Internacional de Recursos Grupo Cangrejo S.A.

Respondent

W. Patrick Finlan

Respondent

Equity Transfer Services Inc.

Respondent

Procedural Posture

Civil Appeal / Court of Appeal Decision on Motion Appeal

  1. 1 Whether an Ontario court may grant orders regulating the internal governance of a corporation incorporated in another jurisdiction (Utah)
  2. 2 Whether the principles of comity bar the requested relief
  3. 3 Whether issues raised by Muscutt are engaged on this record

Ratio Decidendi

The appeal was dismissed because the relief sought concerned the internal governance of a Utah corporation and, under the principle of comity, Ontario courts should not issue orders directing or regulating the internal affairs of a foreign corporation; the motion judge did not err in principle in fixing costs.

Court Disposition

Appeal dismissed; leave to appeal costs granted but costs appeal dismissed; costs of appeal awarded to respondents.

Orders

  • Appeal dismissed.
  • Leave to appeal costs granted.