Crash Landing: Comment on Airline Industry Revitalization Co. v. Air Canada

Posted: 20 May 2013

See all articles by Anita Anand

Anita Anand

University of Toronto - Faculty of Law

Date Written: 2000

Abstract

This case addresses the right of an applicant (Airline Industry Revitalization Co.) to requisition a shareholders' meeting so that shareholders of a target company (Air Canada) can consider a take-over bid offer. The author argues that the judgment in the case is deficient in its interpretation of section 143 of the Canada Business Corporations Act and in its failure to consider the Air Canada board's fiduciary duties.

Keywords: Shareholder Rights, Statutory Interpretation

Suggested Citation

Anand, Anita, Crash Landing: Comment on Airline Industry Revitalization Co. v. Air Canada (2000). Queen's Law Journal, Vol. 25, pp. 659-677, 2000. Available at SSRN: https://ssrn.com/abstract=2266645

Anita Anand (Contact Author)

University of Toronto - Faculty of Law ( email )

78 Queen's Park
Toronto, Ontario M5S 2C5
Canada
4169464002 (Phone)

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