News & Insights

The latest developments and opinions from Taylor Veinotte Sullivan.

Carey Veinotte and Eric Bojm successfully repel attack by Petromin dissidents

After a two-day Hearing, in a Decision released on March 30, 2017 (indexed as: 2017 BCSC 516),  Mr. Justice Grauer of the British Columbia Supreme Court ruled that a derivative action proposed by two dissident shareholders against TVS’ client, a BC oil and gas company called Petromin Resources Ltd., should not go forward, as to do so would not be in the best interests of the Company.  Carey and Eric Bojm, Associate Counsel, represented Petromin.  In his comments after the release of the Court’s Decision, Ross Gorrell, President and CEO of Petromin, commented “Carey’s work was great.  Outstanding in fact.  He saved our Company.”