The Court of Appeal has confirmed that a landlord will be entitled to call on the letter of credit to satisfy its claim for losses arising from the disclaimer or termination of a tenant’s lease in an insolvency proceeding.
The Ontario government has recently extended the ability for Ontario Corporations Act (OCA) corporations to have corporate virtual meetings until May 31, 2021. It is contained in O. Reg. 544/20: EXTENSION OF TEMPORARY SUSPENSION PERIOD.
If you focus on listening and talking to management and the board, with a thoughtful discussion of the situation, not only will your objectives be achieved but you will have credibility with them.