9 May 2023
Gojkovich v Buhbli Organics Inc.
In the case of Gojkovich v Buhbli Organics Inc. dated May 9, 2023, the applicant, Michelle Gojkovich, and the respondent, John Rody, had been co-owners of Buhbli Organics Inc. They had previously been in a relationship and business partners, but their relationship had deteriorated, leading to incompatibility and adversarial behavior.
In the application, Ms. Gojkovich had sought an oppression remedy or the winding up of Buhbli Organics. She had aimed for Mr. Rody to purchase her 50% interest for $831,000, based on a valuation of her shares without minority deduction as of January 31, 2021.
The Respondents had argued for the application to be transformed into an action, or alternatively for dismissal with substantial indemnity costs. Another option they had suggested was for Ms. Gojkovich to sell her shares in the open market through an auction or tender process.
In the end, the court ruled in favor of Ms. Gojkovich. The oppression remedy application was granted, leading to the winding up of Buhbli Organics and various financial and control-related orders in Ms. Gojkovich's favor.