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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, July 07, 2016 @ 8:00 PM  

Motion by the defendant appellants, Deloitte & Touche, for a stay of a judgment and order pending determination of an application for leave to appeal to the Supreme Court of Canada. At trial, the plaintiff, Livent, was awarded damages of $84.75 million plus prejudgment interest of $33.29 million and costs. The defendants’ appeal to the Court of Appeal was dismissed. The defendants applied for leave to appeal to the Supreme Court of Canada and sought a stay pending determination of the leave application.

HELD: Motion allowed....