A multinational case: Daimler Chrysler Canada v. Stolzenberg and Gambazzi in ten jurisdictions and counting
Canada: In 1992, following the collapse of Canadian investment company, Castor Holdings, incorporated in Montreal, $ 1.5 billion bankruptcy proceedings were initiated. Proceedigns were also underway against the company’s directors for paying out dividends of $15,5 million. Five of the directors did not settle the case and in August 2008 they were ordered by the [...]
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