The Code of Conduct, however, has rules relating to lawyers and real estate agents working together. If they are a corporation or limited liability partnership, they have to say so.
Investors went bananas when they heard the details. HudBay was paying too much, they said, diluting HudBay shareholders' holdings almost in half and taking on a sizable debt load that Lundin could not handle on its own. In the next several weeks, the Canadian investment community witnessed a rare occurrence where otherwise powerless shareholders rose up and challenged management that had run amok. SRM Global Master Fund Limited Partnership, a Monaco hedge fund that owned about 11 per cent of HudBay, put together a proposed new slate of independent directors for shareholders to vote on, which included [PETER Jones] and two other former HudBay executives. The HudBay board resisted (holding a shareholder vote)," Jones said. "They had the power if they so wished to take this (Lundin deal) ...
Tammy Cook-Searson was sworn in as the Lac La Ronge Indian Band's first female chief on April 7, following a March 31 election. Now the 33-year-old mother, business owner, marathon runner and former band councillor is settling into her new role as leader of Saskatchewan's largest First Nation. She's replacing Harry Cook, who chose not to run again after spending 18 years as chief. The changeover has been smooth so far, even though becoming chief also means taking on the title of president of Kitsaki Management Limited Partnership, the band's development company. We have excellent staff here," Cook-Searson said. "I've had so much support from them, and it's making the transition from councillor to chief less overwhelming. But it's a lot more responsibility. I have to review everything o...
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