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Court dismisses petition for a court-ordered shareholders meeting with independent chair in lieu of a meeting requisitioned by shareholders

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By Andrea Brewer & The Special Situations Team on May 15, 2017

In a dispute between three petitioning directors (the Petitioners) and three requisitioning shareholders (two of whom were also directors) (the Requisitioning Shareholders) of Photon Control Inc. (Photon) (TSX-V: PHO), the Petitioners asked the British Columbia Supreme…

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Norton Rose Fulbright’s Special Situations Team has played a leading role in Canada’s most high-profile shareholder activist and defense mandates, as well as complex reorganization transactions. The Special Situations Law blog is about sharing our insights with you. With videos discussing shareholder activism, links to relevant case law and legislation, and incisive commentary about regulatory and legal developments, our blog includes a wealth of resources and perspectives on special situations law.

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