**Case Summary**

- Date: February 14, 2023

- Parties: 2650795 ONTARIO CORPORATION- Plaintiff (Defendant by Counterclaim), 2524991 ONTARIO CORPORATION et. al- Defendants (Plaintiffs by Counterclaim), 2524991 ONTARIO CORPORATION et. al- Respondents

**Factual Background**

- In 2016, 252 purchased a property, jointly owned with 265 through 266.

- A dispute arose when 252 misrepresented the property's price to 265.

- Arbitration was initiated in 2020, resulting in an award of monetary compensation to 265 for its interest.

- The Final Award had set a deadline for 252 to purchase 265's interest by July 22, 2021.

- 265 took control of the property after 252 missed the deadline.

**Key Events**

- 265 had refused to provide consent to list the property on the open market, causing delays in its sale.

- In June 2021, a potential buyer offered $15.7 million for the property.

- 265 disputed the sale, arguing that it violated the Business Corporations Act.

- Subsequently, in response, 252 filed an Action against 265, seeking relief from oppression and initiating a derivative action for the sale of the property.

- 252 also sought a stay of the Judgment in the Enforcement Application and interim relief.

**Disposition**

- A stay was granted under the CJA and BCA because executing the judgment would have been oppressive.

- A court-directed sale of the property was considered to align with the parties' objectives.

- Costs were left to be determined through submissions from both parties.