The December 2009 decision of the Ontario Court of Appeal in Peterborough (City) v. Kawartha Native Housing Society Inc. is significant in clarifying the right of the boards of directors of non-profit corporations in receivership to retain legal counsel and pay legal fees out of the corporation’s funds. The case arose out of the contested receivership of two non-profit First Nations social housing corporations.
Canada, Ontario, Insolvency & Restructuring, Litigation, Real Estate, Miller Thomson LLP, Board of directors, Attorney's fee, Court of Appeal of England & Wales, Court of Appeal for Ontario, Ontario Superior Court of Justice