• Courts Hesitant to Lift Stay of Proceedings Early
  • October 14, 2013 | Author: James Desjardins
  • Law Firm: Aird & Berlis LLP - Toronto Office
  • In the 2012 decision of SWP Industries Inc., Re, Justice McLellan of the Court of Queen’s Bench of New Brunswick (the “Court”) declined to lift the stay of proceedings one week in advance of its expiry, despite the assertion of material prejudice advanced by Bank of Nova Scotia (“BNS”).