A panel of seven judges sitting in Canada's Supreme Court today heard argument in the appeal from the Quebec Court of Appeal's decision in BCE inc. (Arrangement relatif à), 2008 QCCA 935. Those hoping (optimistically) for judgment to be given quickly at the end of the hearing will be disappointed: judgment has been reserved (see this Reuters report and this report in the Financial Times). Some of the questions asked by the judges have been noted here. For background information, see this earlier post.
Tuesday, 17 June 2008
Canada: BCE, takeovers and directors' duties - Supreme Court reserves judgment
A panel of seven judges sitting in Canada's Supreme Court today heard argument in the appeal from the Quebec Court of Appeal's decision in BCE inc. (Arrangement relatif à), 2008 QCCA 935. Those hoping (optimistically) for judgment to be given quickly at the end of the hearing will be disappointed: judgment has been reserved (see this Reuters report and this report in the Financial Times). Some of the questions asked by the judges have been noted here. For background information, see this earlier post.
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