Lawyers clash as fight over control of Rogers Communications unfolds in B.C. Supreme Court
Posted November 1, 2021 4:00 am.
Last Updated November 1, 2021 8:39 pm.
The lawyer for the head of the Rogers family trust says his client had a right to remove and replace five directors without a meeting of shareholders.
But a lawyer who represents opposing family members argues that’s a simplistic interpretation of corporate laws in British Columbia, where the company is incorporated.
Ken McEwan told a B,C. Supreme Court judge today that Edward Rogers had the authority to make that decision because he has the power to vote on behalf of the trust, which controls 97.5 per cent of the shares in Rogers Communications.
Stephen Schachter, a lawyer for Edward Rogers’ mother and two sisters, argued that the removal or election of directors must occur at a meeting where shareholders have a right to participate.
#ICYMI My thread from a full day of covering Rogers vs Rogers arguments before a #BC Supreme Court judge in #Vancouver who has reserved her decision to 2pm Friday.
Will Edward Rogers be allowed to return as chair of the RCI board after being ousted last week?@CityNewsVAN https://t.co/CiNGuNqd76
— Marcella Bernardo (@MBernardoNews) November 2, 2021
The battle for control of Rogers Communications landed in court after Edward Rogers filed a petition last week asking to have the board he formed declared legitimate when he was ousted as chair of the original board in October.
The judge adjourned the case until Friday.
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