Accra Wood Products Ltd. (Bankrupt), Re, [2014] B.C.T.C. Uned. 1259

JudgeMasuhara, J.
CourtSupreme Court of British Columbia (Canada)
Case DateJuly 09, 2014
JurisdictionBritish Columbia
Citations[2014] B.C.T.C. Uned. 1259;[2014] B.C.T.C. Uned. 1259 (SC);2014 BCSC 1259
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5 practice notes
  • The Corporation in Action
    • Canada
    • Irwin Books The Law of Partnerships and Corporations. Fourth Edition
    • August 5, 2018
    ...purchases and referred them to Cook, who confirmed that he did have authority to contract for platinum. The Supreme Court found that 59 2014 BCSC 1259. This case was decided under s 146 of the BCBCA . 60 (1979), 97 DLR (3d) 1 (SCC) [ Canadian Laboratory Supplies ]. The Corporation in Action......
  • Westwood Community League v Swish One Infill General Partner Inc, 2020 ABQB 299
    • Canada
    • Court of Queen's Bench of Alberta (Canada)
    • April 29, 2020
    ...(see for example the Alberta Business Corporations Act, RSA 2000, c B-9, section 10). [68] More recently, Re Accra Wood Products Ltd, 2014 BCSC 1259 commented on the indoor management rule and its application. The common law rule dating back more than 150 years still applies to [69] The rul......
  • Indoor Management Rule – Who Has Authority?
    • Canada
    • Mondaq Canada
    • October 7, 2014
    ...the level of knowledge of the lender as to the internal processes of the relevant corporation. Footnotes 1 Accra Wood Products Ltd., Re, 2014 BCSC 1259 [Accra Wood 2 Accra Wood Products at para 25. 3 Accra Wood Products at para 21. 4 Accra Wood Products at para 22. 5 Accra Wood Products, at......
  • The Indoor Management Rule And Security Grant In A Signed Purchase Order Upheld
    • Canada
    • Mondaq Canada
    • October 8, 2014
    ...traced back to ancient English common law as early as the 19th century. The recent case of Accra Wood Productions Ltd. (Bankruptcy of), 2014 BCSC 1259 ("Accra") is welcome news to funders for two separate and distinct reasons. First, the case adds modern support to the ancient rule that rel......
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2 cases
  • Westwood Community League v Swish One Infill General Partner Inc, 2020 ABQB 299
    • Canada
    • Court of Queen's Bench of Alberta (Canada)
    • April 29, 2020
    ...(see for example the Alberta Business Corporations Act, RSA 2000, c B-9, section 10). [68] More recently, Re Accra Wood Products Ltd, 2014 BCSC 1259 commented on the indoor management rule and its application. The common law rule dating back more than 150 years still applies to [69] The rul......
  • G&B Fuels Inc. v. Jer-Cal Holdings Ltd., 2020 YKSC 27
    • Canada
    • Supreme Court of Yukon
    • July 14, 2020
    ...internal policies have been followed" to ensure protection of innocent third parties (see Accra Wood Products Ltd. (Bankruptcy of), 2014 BCSC 1259, at para. [34]        I appreciate that Ms. Durante has provided a number of cases in support of her arg......
2 firm's commentaries
  • Indoor Management Rule – Who Has Authority?
    • Canada
    • Mondaq Canada
    • October 7, 2014
    ...the level of knowledge of the lender as to the internal processes of the relevant corporation. Footnotes 1 Accra Wood Products Ltd., Re, 2014 BCSC 1259 [Accra Wood 2 Accra Wood Products at para 25. 3 Accra Wood Products at para 21. 4 Accra Wood Products at para 22. 5 Accra Wood Products, at......
  • The Indoor Management Rule And Security Grant In A Signed Purchase Order Upheld
    • Canada
    • Mondaq Canada
    • October 8, 2014
    ...traced back to ancient English common law as early as the 19th century. The recent case of Accra Wood Productions Ltd. (Bankruptcy of), 2014 BCSC 1259 ("Accra") is welcome news to funders for two separate and distinct reasons. First, the case adds modern support to the ancient rule that rel......
1 books & journal articles
  • The Corporation in Action
    • Canada
    • Irwin Books The Law of Partnerships and Corporations. Fourth Edition
    • August 5, 2018
    ...purchases and referred them to Cook, who confirmed that he did have authority to contract for platinum. The Supreme Court found that 59 2014 BCSC 1259. This case was decided under s 146 of the BCBCA . 60 (1979), 97 DLR (3d) 1 (SCC) [ Canadian Laboratory Supplies ]. The Corporation in Action......

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