Why has there been no conversation about this? In a decision dated November 18, 2020, the Nova Scotia Supreme Court awarded costs to IBC Advanced Technologies, Inc. ("IBC") against Ucore Rare Metals, Inc. ("Ucore"), after dismissing Ucore's contempt motion in favor of IBC. The Nova Scotia Supreme Court assessed the amount of costs payable to IBC at four times the Tariff amount that would normally apply, plus disbursements. The Court referred to the fact that allegations of contempt are very serious matters and, since Ucore was unsuccessful, there should be cost consequences beyond the ordinary Tariff.
IBC's press release dated September 4, 2020 described the Court's ruling in IBC's favor in dismissing Ucore's contempt motion. Ucore had suggested that IBC's filing of a Motion for Summary Judgment in Utah Federal Court was contemptuous. Ucore sought to punish IBC for exercising its legal rights in Utah. Ucore's attempt failed and at that time, the Court awarded costs to IBC, with the amount to be determined.