RE:Read The Full DecisionSome interesting comments in the Decision paper such as:
[27] On March 4, 2019, IBC issued another press release in Utah. The press release puts an interesting spin on the proceedings in Nova Scotia; it suggests, without saying explicitly, that it was IBC who sought and was successful in obtaining an injunction against Ucore, when it was Ucore who sought an interim injunction enjoining IBC from further compromising Ucore’s rights under the Option. IBC consented to the injunction. In the press release, IBC said:
Advanced Technologies, Inc. (“IBC”) is pleased to announce that Ucore Rare Metals, Inc. (“Ucore”) has agreed to be enjoined from enforcing its asserted and disputed rights under the letter agreement, dated March 14, 2015, between Ucore and IBC, entitled “Option to Purchase IBC”, … by the Supreme Court of Nova Scotia …
AND
[69] It is difficult to imagine what else would be necessary in order for a party to submit to the jurisdiction of a court. IBC did not indicate that it had any difficulty with or objection to the jurisdiction of the Nova Scotia Courts at any time in addressing the amendment motion.