What is the effect of an order of no confidence in an insurance company?
British Columbia, Canada
The following excerpt is from NextGen Energy Watervliet TWP, LLC v Bremner, 2017 BCSC 2096 (CanLII):
The power to make such orders should be exercised cautiously, sparingly and only in special circumstances: NG and Tang v. Royal & Sun Alliance Insurance, 2000 BCSC 1683 at para. 21.
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