Court rejects ouster of Stelco directors
Article Abstract:
Roland Keiper and Michael Woollcombe, who were dismissed from the board of directors of Stelco Inc., by Judge Farley of the Ontario Superior Court, will be reinstated after the ruling issued by the Ontario Court of Appeal. Other Stelco stakeholders had opposed the appointment of the two directors since together they represented twenty percent of Stelco's shares, and so fearing a battle they had gone to court. The appeal court stated that Judge Farley was not authorized to intrude into a company's restructuring process.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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Mayberry passes the torch
Article Abstract:
John Mayberry, the chairman and chief executive officer of Dofasco Inc. has announced his retirement. Mr. Mayberry, who has worked at Dofasco for ten years out of his 36-year career, has been credited with turning the company into one of the world's leading steelmakers.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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Slater Steel
Article Abstract:
A major reorganization plan by Slater Steel Inc. may include laying off hundreds of workers and reducing plant production. Slater Steel, which is operating under Chapter 11 bankruptcy protection, is expect to close down its operations in Welland, Ontario.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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