Notable History
Graeme Ferguson was one of three co-founders of IMAX Corporation and thereby one of the creators of the IMAX. A film-maker from his childhood in the 1930s, he was still making films in 2010, with an executive producer credit on Hubble 3D.
Ferguson is also notable because of his involvement a landmark 1983 lawsuit brought by his ex-wife, who had been part of the founding team of IMAX. The claim involved a series of oppressive acts by Ferguson and his colleagues including a resolution to discharge her from the company and being pressured to sell back her shares. Brooke JA writing for the Court of Appeal found that the acts were tantamount to oppression and the resolution was barred. The court found that majority shareholders owe a duty of fairness to minority shareholders. Ferguson v. Imax Systems Corp. (1983), 43 O.R. (2d) 128 (C.A.).
Read more about this topic: Graeme Ferguson
Famous quotes containing the words notable and/or history:
“a notable prince that was called King John;
And he ruled England with main and with might,
For he did great wrong, and maintained little right.”
—Unknown. King John and the Abbot of Canterbury (l. 24)
“Hence poetry is something more philosophic and of graver import than history, since its statements are rather of the nature of universals, whereas those of history are singulars.”
—Aristotle (384322 B.C.)