L.1444, No.177), known as the General Association Act of 1988, with respect to certain: (i) cooperative corporations incorporated under or subject to the act of June 7, 1887 (P. These included: That the plaintiff left the running of his application to his solicitors; That the plaintiff's purpose was to cause the defendant to pursue a cause of action which, if successful, would increase the defendant's assets and consequently the value of the plaintiff's (30%) shareholding; That the plaintiff had rejected an offer to buy his shares at fair value; That the plaintiff had indicated that one option, after conclusion of derivative action, would be to wind up the company; That after his employment with the company had ceased, he had competed with the company; That the plaintiff declined to have his expert meet with the company's expert; and That the plaintiff was complicit in the matters complained of in the statement of claim.

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