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Phrase of the Week - Empty Voting

Empty Voting

Empty Voting


The term “empty voting” encompasses a range of tactics investors use to decouple the voting interest and the economic interests carried in a share. By decoupling a share's economic interest from its voting interest, an investor can have significant voting control over a company without having any stake in that company's long or short term economic health.

TELUS Corp. v. CDS Clearing and Depository Services Inc. |
2012 CarswellBC 2791 (B.C. S.C.) at para. 103 |
Savage J.
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