Case Overview:
The case, Adam Nahachewsky v. RMD Engineering Inc., RMD Innovations Inc., and Jim Boire, was heard in the King’s Bench for Saskatchewan. The plaintiff, Adam Nahachewsky, pursued claims related to his shareholding interests in two corporations, alleging financial disputes and unfair corporate practices.

Legal Issues and Rulings:

1. Valuation of Innovations’ Machinery: Nahachewsky sought $28,502.05 as his share of the proceeds from machinery retained by the defendants. The court ruled that the requested tax returns, general ledgers, and bank transaction histories were relevant to determine the machinery’s valuation and directed their disclosure.

2. Valuation of Shares in RMD Engineering: The plaintiff claimed a minimum of $69,010.48 for his shares. The court ordered the defendants to produce financial records, including tax returns and general ledgers, as these documents were deemed critical to assessing the shares' value as of the plaintiff’s resignation date.

3. $10,000 Shareholder Loan Repayment: Nahachewsky argued that an alleged accounting error, attributed to a receivable write-off, led to his repayment. The court mandated disclosure of financial records and supporting documents to evaluate this claim, noting they could clarify the nature and justification of the write-off.

Outcome and Costs:
The court granted Nahachewsky’s application for further document production and awarded him costs fixed at $500, not payable immediately due to issues with his counsel’s affidavit.