In a High Court hearing, Justice Rene Williams took an unconventional approach in questioning Global Bank of Commerce’s CEO, Brian Stuart-Young, regarding the institution’s financial stability in a case involving Canadian businessman Jack Stroll’s fund recovery efforts.
Stuart-Young was expected to address inquiries about Stroll’s finances, but concerns about confidentiality led to a request from his representative, Craig Christopher, for a private examination.
Leslie Thomas KC, representing Stroll, argued for open justice.
Justice Williams decided an oral examination might prolong proceedings, so Stroll’s representative was directed to submit questions by a deadline, with answers due from the bank within two weeks.
Additionally, the bank was instructed to settle Stroll’s court costs, totaling over $40,000, within a week.
