Canadian court orders shareholder buyout pending GAC determination of ownership & control

17 July 2026

Canadian court orders shareholder buyout pending GAC determination of ownership & controlSherif Ashraf 22/Shutterstock.com

The Ontario Superior Court has held that a court-ordered share buyout should not take place until Global Affairs Canada (GAC), Canada's sanctions regulator, decides whether the selling shareholder is controlled by RESO – a...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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