Re: IGD Financials/ MD&A
in response to
by
posted on
Nov 30, 2013 12:15AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Although this appears to be a small claims court action, it doesn,t say what province the claim was filed in. The limit amount of dollars varies from province to province, with B.C having a limit of $25,000 per claim. I see that Alberta may increase their limit at anytime to $50,000, and apparently doesn,t need legislative approval to do so. On the smaller limit scale, it appears that Quebecs limit is $7,000. In the U.S., it is a little different and more interesting, reference the bottom of post.
http://www.calgaryherald.com/news/crime-and-justice/Alberta+double+limit+small+claims+court/8822684/story.html
http://en.wikipedia.org/wiki/Small_claims_court#Small-claims_courts_in_Canada
Monetary limits for small-claims courts in Canada vary by province:
In general, disputes involving title to land, slander, libel, bankruptcy, false imprisonment, or malicious prosecution must be handled in a superior court and cannot be determined in small-claims courts.
The movement to establish small-claims courts typically began in the early 1960s, when justice of the peace courts were increasingly seen as obsolete, and officials felt it desirable to have such a court to allow people to represent themselves without legal counsel. In New York State, small claims courts were established in response to the 1958 findings of Governor Thomas E. Dewey's Tweed Commission on the reorganization of the state judiciary. Since then, the movement towards small-claims courts has led to their establishment in most U.S. states.
There is no equivalent to a small-claims court in the federal court. (Note that Congress has set the jurisdictional minimum for diversity jurisdiction cases at $75,000). Magistrate judges are authorized to handle certain preliminary matters. Since the year 2010, the costs of filing fees have increased in almost every state court system. Filing fees typically range from US$15 to $150, depending on the claim amount.
Some jurisdictions offer classes in small-claims court procedures. As such courts are open to the public, attendance at a few sessions may be useful to a person involved in a case, whether as plaintiff or defendant.
Several small-claims proceedings have appeared on television in court shows; however, the settings in these programs are not truly courts of law, even though they attempt to give off the appearance as such; they are merely forms of arbitration. Such shows include The People's Court, Judge Judy, Judge Joe Brown, Judge Mathis, etc.[10]