Is an oppression remedy an equitable remedy that seeks to ensure fairness?
British Columbia, Canada
The following excerpt is from Golden Pheasant Holding Corp. v. Synergy Corporate Management Ltd., 2011 BCSC 173 (CanLII):
An oppression remedy is an equitable remedy that "seeks to ensure fairness": BCE v. 1976 Debentureholders, 2008 SCC 69 at para. 58. It is most often used to prevent majority shareholders from using their power to oppress minority shareholders.
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