Posts Tagged ‘Co‑operative Corporations Act’

Superior Court of Justice renders good news decision for the worker co‑op sector

November 16th, 2012 by Paula Boutis

In early October, the Superior Court released a decision which looked at how the law governing fundamental changes to an employment contract applied in the context of worker co‑operatives. It also considered whether “sweat equity credits” amounted to “member shares” under the Co‑operative Corporations Act (CCA).

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Court reinforces its hands-off approach to housing co-ops

August 1st, 2012 by Celia Chandler

This spring, one of our housing co‑op clients was served with a Superior Court application from a member under section 178 of the Co‑operative Corporations Act.   The application requested an order of compliance against the Co‑operative for five alleged breaches of the Co‑operative’s by‑laws and the Act.

This was uncharted territory for our client, and indeed for us.  Section 178 has been on the books for years, but has received minimal attention.

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