GREY:HRIVF - Post by User
Comment by
hrgoppon Aug 26, 2009 12:52am
384 Views
Post# 16249788
RE: RE: RE: RE: Re; contacted Dan
RE: RE: RE: RE: Re; contacted DanI think we need a corporate lawyer friend to give us a better opinion.
I dont know about canadian law but my understand is, they can pass as may by law and resolution as they want on not liable of any wrong doing and pass it but in court, I would be read differently and it would be shareholders right as a whole has been abused and shareholders right has been neglected by the board over their own interests. An unfair value has been forced on minority and minority has spoken. HRG is a separate entity listed on TSX, and can not and should not be consider a subsidiary of Severstal and cannot be run as a Subsidiary and therefore, They have not been able to close the toronto office.