Further to the notice sent out earlier this week, a clarification is being provided:
On October 27th, 2020, a case conference was held before The Honourable Justice Hainey, the judge who has been case-managing the matter between ICC and the Applicants (Payami et al) since September 9, 2019. Present at the case conference were Atoosa Mahdavian, counsel for the Applicants, Dan Fridmar, counsel for ICC, Mitchel Wine, counsel representing the 8 Directors and Marvin Huberman, the Court-Appointed Monitor.
The purpose of the case conference was for ICC Counsel to request an adjournment of the Applicants’ Motion scheduled for November 2, 2020 for, among other things, an order removing the Board, an order restraining the ICC from holding the Special General Meetings (SGM) and other relief as set out in the motion materials.
The request by ICC for the adjournment of the Motion was denied.
Justice Hainey further directed that the SGM called by the ICC Board for November 1, 2020 and the SGM called by certain members for October 31, 2020 shall not proceed.
Further decisions and arguments with respect to the Motion will be heard on November 2, 2020 before Justice Cavanaugh and the decisions will be communicated to the ICC membership accordingly.