One business wants to buy the assets of another business. Assume
that the consent obtained to the collection, use and disclosure of
personal information from the customers of the seller did not
include consent to disclose personal information on the sale of the
assets of the credit union. What to do?
In a recent case, the Ontario Superior Court of Justice granted an
order that the seller could disclose all personal information
in its possession in order to complete and implement the purchase
and sale transaction. The court further ordered that the purchaser
was entitled to continue to use the personal information provided
to it in a manner identical to the prior use by the seller.
