Showing posts with label Successor Companies. Show all posts
Showing posts with label Successor Companies. Show all posts

Sunday 17 May 2015

Court Finds Successor Employer Liable for Previous Employer’s Pension Obligations

The common rebuttal to the slackerism “close enough” is the saying that “close only counts in horseshoes and hand grenades.” However, as the case of King v. 1416088 Ontario Ltd., 2014 ONSC 1445 (CanLII) aff’d 2015 ONCA 312 demonstrates, in cases where two or more employers are closely related, Ontario courts will be prepared to say “close enough” to ground a finding of joint and several liability.