Focus On
NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax
Story image

Businessman must pay for firm's contracted debts, top B.C. court finds

Thursday, April 13, 2017 @ 11:17 AM | By Kim Arnott

A British Columbia man is on the hook for nearly $70,000 after the province’s top court found he agreed to be “jointly and severally liable” for his company’s debts when he signed a credit agreement.

Adnan HabibThe unanimous ruling in Gescan v. Vancouver Green Electric Ltd. 2017 BCCA 116 overturned a summary trial judgment that found Steve Behroozi wasn’t personally liable for the debts.

In 2015, B.C. Supreme Court Justice Robert Jenkins dismissed a claim against Behroozi, finding he had only signed the contract once, in...