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Stevenson Whelton LLP Obtains $1 Million Costs Award Following Misappropriation of Corporate Opportunities Trial

Stevenson Whelton LLP lawyers Maureen Whelton and Ed Hiutin were recently successful in securing a $1 million costs award following a lengthy trial concerning the fiduciary duties owed under licensing agreements. In the underlying trial Stevenson Whelton acted for the plaintiffs, who alleged that the defendants had breached licensing agreements for powder coating technologies. The court awarded damages of approximately $2.5 million to the plaintiffs. A copy of the costs decision, 7868073 Canada Ltd. v. 1841978 Ontario Inc. and Sugar v. Vacuum Metallizing Limited, 2023 ONSC 726, can be found here. A copy of the trial decision can be found here.