Plaintiff
Defendant
Background:
This case arose from a complex commercial dispute between Xiaoqin (Rose) Yang and Ming (Myles) Zhang (plaintiffs) against Ping Hui (Helen) Lu, Unison International Holdings Ltd., and its directors Baocheng Su, Yong Jiu Jiang, and Chang Jun Qiao (defendants). The dispute centered on investments in ElectraMeccanica Vehicles Corp. (EVC) through Unison International Holdings Ltd.
Legal Issues & Claims:
Breach of Trust: Myles Zhang claimed Unison held 1,000,000 EVC warrants in trust for him but failed to transfer them. Rose Yang alleged Helen Lu held 25 shares in Unison in trust for her and that the Unison directors knowingly assisted in a breach of trust.
Shareholder Oppression: Rose Yang sought relief under the British Columbia Business Corporations Act, arguing that Unison and its directors unfairly prejudiced her by denying her shareholder rights and distributing company assets without her approval.
Summary Dismissal Application: The Unison defendants sought to dismiss all claims, arguing they lacked legal merit and presented no genuine issues for trial.
Court’s Decision & Award:
The court dismissed the defendants’ application for summary dismissal, allowing the case to proceed to trial in June 2025. It ordered the plaintiffs to file a revised claim clarifying their allegations. In a prior ruling, Rose Yang was awarded $3,737,362 plus interest for breach of trust, while the oppression claim and warrant claims remained unresolved. Costs were awarded in the cause.
Court
Supreme Court of British ColumbiaCase Number
S2013500Practice Area
Corporate & commercial lawAmount
Winner
PlaintiffTrial Start Date
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