VANCOUVER –
A British Columbia Supreme Courtroom choose is predicted to announce a call right now within the battle over management of the board of Rogers Communications Inc.
Justice Shelley Fitzpatrick should rule on whether or not a newly constituted board beneath the management of Edward Rogers is professional after he eliminated and changed 5 administrators, whereas three of his relations preserve the choice ought to have concerned a vote by shareholders.
Ken McEwan, a lawyer for Edward Rogers, argued in courtroom this week his shopper used his authority as chair of the belief that has 97.5 per cent of the voting rights.
He instructed a listening to on Monday that Edward Rogers additionally had that energy beneath a novel company legislation in B.C., the place the Toronto-based firm is integrated.
However a lawyer representing Rogers’ mom and two sisters argued the unbiased choice went towards the corporate’s governance practices and the needs of deceased patriarch Ted Rogers.
The spat between two factions of the Rogers household empire has spilled from the boardroom to social media and right into a courtroom amid the corporate’s plans to purchase rival Shaw Communications Inc. for $26 billion pending regulatory approval.
This report by The Canadian Press was first printed Nov. 5, 2021.
