Ford Motor Co of Canada, Ltd. V. Ontario Municipal Employees Retirement Board et al.

The litigation arose from Ford Motor Co.’s successful 1995 effort to take its 94% owned Canadian subsidiary, Ford Motor Co. of Canada (“Ford Canada”), private.
Some of the minority, led by OMERS, dissented and in the course of a fair value hearing made the further claim that that the companies’ intercorporate financial arrangements—notably the transfer pricing system between two of the main Canadian and U.S. divisions—had artificially depressed the value of Ford Canada at their expense. They argued that this constituted oppression.