Kraft Heinz Canada ULC v. Canada (Attorney General), 2022 BCSC 796

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Summaries

Summary Under

declaration made by the parties that their contribution was annulled under Dutch law appeared to have retroactive effect

The petitioners were a Dutch cooperative (“Heinz Co-op”) and a B.C. unlimited liability company (“KH Canada”) which was the sole member of...

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Summary Under

a self-help Dutch-law annulment declaration retroactively voided a s. 212.3(10)(b) contribution

A B.C. ULC made a cash capital contribution to a Dutch cooperative of which it was the sole member. It was realized four months later that this...

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