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Neu Solutions v eSolutions MN
In the case of Neu Solutions v eSolutions MN dated May 1, 2023, involved the case of the applicant Neu and respondent Milutinovic, who owned IT service companies (NSI and Zeebra) and co-founded a company called eSolutions in 2003. The Articles of Incorporation for eSolutions specified that it could issue unlimited common shares, with Neu and Milutinovic as directors and NSI and Zeebra as incorporators. There was a disagreement about whether NSI remained a shareholder of eSolutions after July 2016. In 2015, eSolutions had faced financial issues, and in mid-2016, Neu had received a letter from the Canada Revenue Agency (CRA) regarding a tax liability. On July 1, 2016, Neu had resigned as a director, NSI and eSolutions had entered a consulting agreement, and an indemnity agreement had been reached involving Neu, Milutinovic, Zeebra, and eSolutions. The key dispute was whether NSI's status as a shareholder of eSolutions had continued after July 2016, which had been crucial for seeking an oppression remedy. The parties had agreed to address this issue first, and the court's decision had guided subsequent steps, considering other remedies requested and a related separate proceeding involving additional parties. The ruling had concluded that NSI had remained a fifty percent shareholder of eSolutions from July 2016 onwards.
NEU SOLUTIONS INC.
Law Firm / Organization
Not specified
Lawyer(s)

Patrick Snelling

CAREY NEU
Law Firm / Organization
Not specified
Lawyer(s)

Patrick Snelling

eSOLUTIONS MN INC.
Law Firm / Organization
Not specified
Lawyer(s)

Percy Ostroff

ZORAN MICHAEL MILUTINOVIC
Law Firm / Organization
Not specified
Lawyer(s)

Percy Ostroff

ZEEBRA CONSULTING SERVICES INC.
Law Firm / Organization
Not specified
Lawyer(s)

Percy Ostroff

Superior Court of Justice - Ontario
CV-19-82360
Corporate & commercial law
Not specified/Unspecified
Applicant