Court upholds decision to classify 100,000-euro advance as loan instead of equity

By Karunjit Singh (March 28, 2023, 2:56 PM EDT) -- The Court of Appeal for British Columbia has upheld a decision to classify a 100,000-euro advance from a shareholder to a company as a loan, citing surrounding circumstances, despite the shareholder’s initial belief that it was an equity investment....
LexisNexis® Research Solutions


Related Sections