Précis: The underlying issue in this appeal was the disallowance of a portion of interest charges arising after a 2006 reorganization of a predecessor corporation of the appellant. The Crown took the position that the appellant had either refused or was unable to provide information about the 2006 reorganization. It therefore applied for an orders to discover third parties from two accounting firms that were involved in the 2006 reorganization. The Court concluded that the Crown had met the threshold for third party discoveries and granted the orders sought. Costs were awarded to the Crown.
Teranet Inc. v. R. - TCC: Court orders third parties examined for discoveryREAD MORE »