VANCOUVER – 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.
Stephen Schachter, lawyer for Edward Rogers’ mother and two sisters, who are board members, told a B.C. Supreme Court judge Monday that “ordinary resolution” stipulates removal or election of directors must occur at a meeting where shareholders have a right to participate.
That’s part of the long-standing public commitment to strong corporate governance practice by Rogers Communications Inc., Schachter said of the Toronto-based company, which is incorporated in B.C.
“He cannot be thumbing his nose at due process,” Schachter said of Edward Rogers. “This is a publicly traded company.”
Ken McEwan, a lawyer for Edward Rogers, told the court earlier that his …