Mason Vows To Fight Ruling Barring Telus Shareholder Powwow

Law360, New York (September 12, 2012, 3:49 PM EDT) -- New York hedge fund Mason Capital Management LLC on Wednesday vowed to appeal a Canadian court's decision blocking it from holding a Telus Corp. shareholder meeting that would butt against the telecom company's plans for a meeting of its own.

The hedge fund had sought to convene a meeting among voting shareholders in Vancouver-based Telus to rally against the company's plans to roll together nonvoting and voting shares on a one-for-one basis. Mason Capital has contended voting shareholders generally paid more for their units and are...
To view the full article, register now.