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- Parties: The plaintiff is Believeco:Partners Inc. (“BCP”). The defendants are Arlene Dickinson Enterprises Ltd. and Arlene Dickinson. The defendants are also plaintiffs by counterclaim against BCP, Canadian Business Growth Fund LP, Canadian Business Growth Fund (GP) Inc., CBGF Investment GP Inc., and CBGF 2022, LP.
- Subject Matter: This civil action arises from BCP’s acquisition of Venture Communications Marketing Ltd. from the Dickinson Entities. BCP alleges misrepresentation of Venture’s value, nondisclosure of liabilities, and personal benefit by Ms. Dickinson, resulting in an overpayment and disputes over the purchase price adjustment. The Dickinson Entities deny these claims and counterclaim for wrongful dismissal, breach of contract, breach of the Human Rights Code, breach of confidence, and oppression, alleging exclusion from management, improper share dilution, and reputational harm. Both sides dispute the interpretation and enforcement of the purchase agreement and employment contract, including whether BCP’s late delivery of the closing statement bars any adjustment.
- Date: The proceedings are ongoing, with key pleadings filed between March 2025 and May 2025. As of August 13, 2025, the hearing date is yet to be set.
- Venue: This is a case before the Ontario Superior Court of Justice.
- Amount: The initial purchase price for Venture was $17,177,000, subject to adjustment. BCP seeks damages for alleged overpayment, while the Dickinson Entities seek damages for employment-related claims, bonuses, aggravated and punitive damages, and other relief. No final awarded amounts have been determined at this stage.
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Court
Superior Court of Justice - OntarioCase Number
CV-24-00726715-0000Practice Area
Corporate & commercial lawAmount
Not specified/UnspecifiedWinner
Trial Start Date