Can a shareholder bring an oppressive action against a company?
British Columbia, Canada
The following excerpt is from Gopal v. Burke, 2007 BCSC 1930 (CanLII):
The rule in Foss v. Harbottle (1843), 67 E.R. 189 is that only a corporation is the proper plaintiff to sue in respect of a wrong done to it. Earlier cases dealing with statutory oppression remedy, however, did allow a shareholder to bring an oppressive action even though the company suffered from the alleged wrong.
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