BARRISTERS AND SOLICITORS - Retention of counsel - Conflict of interest

Law360 Canada ( September 27, 2019, 6:23 AM EDT) -- Motion by Legate to remove Cube’s law firm as counsel. Legate was hired as Cube’s chief executive officer. The employment contract entitled Legate to shares of Cube, to be issued each year on the anniversary of his employment. Legate agreed to take options instead of shares and set up a trust structure to hold them. The trust structure was set up by a lawyer at Cube’s law firm. Legate’s employment was terminated before the trust structure was used. The main issue was the amount owed to Legate in relation to the shares. Legate argued that Cube’s actions were oppressive toward him as a prospective shareholder, that the lawyer would be a witness and that the duty of loyalty required the law firm’s removal....
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