Sargeant v. Worldspan Marine Inc., 2011 BCSC 767

In Ship Building and Repair, Stays of Proceedings on (Updated )

This matter concerned a partially constructed yacht, an insolvent builder and many unhappy creditors. Some of the creditors had commenced proceedings in the Federal Court and obtained either arrest warrants against the vessel or caveats. The builder brought this application in the British Columbia Supreme Court under the Companies Creditors ArrangementAct seeking, inter alia, a stay of the Federal Court …

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