01:51:45 EDT Mon 25 May 2020
Enter Symbol
or Name

Login ID:
Bonterra Resources Inc (3)
Symbol BTR
Shares Issued 46,449,086
Close 2019-05-14 C$ 1.65
Recent Sedar Documents

Bonterra asks judge to throw out Dhaliwal's lawsuit

2019-05-15 09:37 ET - Street Wire

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

Bonterra Resources Inc. has asked that the courts throw out a $2.18-million lawsuit that it faces in the Supreme Court of British Columbia from former president Nav Dhaliwal and former director Richard Dale Ginn. The suit stems from termination fees that Bonterra denies owing. The company says that resignation agreements the men entered contained no term that would compel such a payment.

The statements from Bonterra come in response to a lawsuit that Mr. Dhaliwal and Mr. Ginn filed on April 8, 2019, at the Vancouver courthouse. The men claimed that they had agreements specifying that the company would pay them $1.09-million each after they resigned. The company's failure to pay amounted to a breach of their resignation agreements, the men said. They sought a court order compelling payment.

Nav Dhaliwal
Nav Dhaliwal

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2020 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

Comments for this item are closed