Ontario Severance

Royal Bank of Canada v. R.

2011 ONCA 47 (CanLII)Court of Appeal for OntarioDecided

Royal Bank of Canada v. R. - Appeal Dismissed

Summary

This was an appeal to the Court of Appeal from a motion judge's decision on the release of funds in an employee's bank accounts. The employer, Royal Bank of Canada (RBC), sued the employee, A.R., for an alleged currency trading scheme and unilaterally froze his accounts at RBC, RBC Direct, and TD Bank. The motion judge ordered RBC Direct and TD Bank to release the funds. The Court of Appeal dismissed the appeal, holding that RBC had no legal basis to freeze the funds without an interlocutory injunction.

Outcome

appeal dismissed; judgment varied

Key Factors

  • restitutionary claim
  • freezing of bank accounts
  • set-off
  • interlocutory injunction

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More Ontario employment decisions from 2011

This summary was written by AI from the published decision and its headnote. It is not an official version of the decision; read the full text on CanLII before relying on it. This is legal information, not legal advice. Ontario Severance is an educational tool. If you are facing a serious employment law matter, consult with a qualified employment lawyer in Ontario.