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Exchange Income Corp T.EIF

Alternate Symbol(s):  EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.


TSX:EIF - Post by User

Bullboard Posts
Comment by InsiderTraderon Oct 16, 2017 9:04pm
123 Views
Post# 26819917

RE:These were the last guys to sue Mr. Cohodes

RE:These were the last guys to sue Mr. Cohodes


And since YOU brought it up, see here how Cohodes is doing in the law suit.

He said he is appealing, LOL  

You shouldl sit up and listen so you know what constitutes defamation, MrSilbergleit!  

Here are the Judges concluding comments:


[38]           For these reasons, I find that there are grounds to believe that Thompson will be entitled to damages in the action.
[39]           An attack on professional reputation through an imputation of fraudulent conduct is a classic concern of the law of libel.  The libel referred to the plaintiff personally and was widely disseminated. Following publication of the libel complained of, the defendant has continued to comment on Thompson’s character. These are all significant factors which I weigh in recognizing the public interest in allowing the plaintiff to continue his lawsuit.
[40]           By contrast, the value of the defendant’s expression is low. The statement complained of was an allegation that the plaintiff committed or participated in fraudulent conduct when he was a lawyer at the start of his career with another company in the context of a larger discussion about the management of Concordia. There were no details with respect to the “nonsense” which Thompson allegedly engaged in Biovail and the statement focussed on the personal conduct of the plaintiff over a decade earlier. As such, I find the public interest in permitting Thompson to proceed with his action outweighs the public interest in the expression at issue.
Costs
[41]           There is a special costs regime under s. 137.1 of the CJASection 137.1(8) provides that if a judge does not dismiss the proceeding, the plaintiff is not entitled to costs on the motion unless the judge determines that such an award is appropriate in the circumstances. The plaintiff seeks costs against the defendant on a substantial indemnity basis, citing conduct-based factors including (a) a high volume of “plainly irrelevant evidence”; (b) misuse of cross-examination to “harass” the plaintiff; (c) abuse during his cross; (d) continuing to assert the truth of the allegation of fraudulent conduct unsupported by evidence.
[42]           I find no basis to depart from the presumption that costs not be awarded against an unsuccessful defendant. As suggested at para. 20 of the 2010 Anti-SLAPP Advisory Panel report, costs awards against unsuccessful defendants are intended to act as “costs sanctions against parties who bring frivolous motions for protection”. The motion was not frivolous, and did not raise the kind of high volume of issues or evidence of concern in Platnick v. Bent2017 ONSC 585 (CanLII). As a result, no costs awarded to the successful plaintiff.
 
 

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