What is the test for a disclosure statement?
Manitoba, Canada
The following excerpt is from Tregobov v. Paradis et al., 2015 MBQB 136 (CanLII):
In this transaction, the plaintiff did not seek a disclosure statement. She sought certain information, received certain information, and to the extent that the information may have been incomplete or inaccurate or both, she must prove a cause of action based on a Derry v. Peek (1889), 14 HL 337, kind of fraud in order to recover damages in this action.
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