PROCEEDINGS - Appeals and judicial review - Stays

Law360 Canada ( June 17, 2021, 5:38 AM EDT) -- Motion by the appellants for a stay pending their appeal of an order that permanently stayed the underlying action initiated by them in Ontario. The underlying action arose from a series of complex international commercial transactions involving several parties. The responding party defendants did not carry on business in Ontario or Canada. They commenced actions in Singapore and the UAE to enforce guarantees provided by the appellant subsidiaries. The appellants’ underlying action sought, among other things, a declaration there were no amounts owing under the guarantees and damages for unjust enrichment. The motion judge stayed the underlying action based on forum non conveniens and forum selection clauses. The appellants did not appeal the dismissal of their motion for an anti-suit injunction....
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