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Civil Litigation - Civil procedure - Appeals - Stay of proceedings pending appeal - Balance of convenience - Irreparable harm - Serious issue to be tried

Thursday, September 22, 2016 @ 8:00 PM  

Motion by Ontario Electricity Financial Corporation (OEFC) to stay parts of a judgment requiring it to pay approximately $160 million to the respondents, pending the outcome of its application for leave to appeal to the Supreme Court of Canada and, if leave was granted, a determination on the merits. OEFC was a Crown agency whose objects included managing the former Ontario Hydro’s non-utility generator contracts. The responding parties were privately-owned non-utility generators (NUGs) who entered into power purchase agreements with the former Ontario Hydro between 1989...