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B.C. case highlights need for written agreements for securities issuers

Friday, May 19, 2017 @ 3:00 PM | By Amanda Jerome

The British Columbia Court of Appeal has dismissed an appeal of a $55,000 award in quantum meruit compensation, ruling that “the appellant did not establish that the award was founded upon a misapprehension of the evidence or the payment of a finder’s fee would have been illegal.”

Adam Shee, Hawthorne, Piggott and CompanyIn Birch v. GWR Resources Inc. 2017 BCCA 184, the court heard that around 2009 Irvin Eisler, the then-president of the appellant GWR Resources Inc., told the respondent, Ronnie Birch, that his company was...