Mason Capital allowed to launch quick appeal of Telus ruling
Tue Sep 18, 2012 11:20am EDT  * Mason Capital continues battle
with Telus on share plan  * Mason wins expedited appeal of
British Columbia ruling  * Telus shares slightly higher in early
trading on TSX  By Euan Rocha  TORONTO, Sept 18 (Reuters) -
Mason Capital Management LLC, the largest shareholder in Telus
Corp, said on Tuesday it has been granted permission to launch
an expedited appeal of a court ruling that blocked it from
calling a meeting of the telecom company's shareholders.  The
U.S. hedge fund has been locked in a bitter dispute with Telus
for months over the Vancouver-based company's plan to
consolidate its voting and non-voting stock on a one-for-one
basis. Telus, which backed down on the plan in May, recently
revived the proposal.  Mason, which held 19 percent of Telus's
voting shares as of Aug. 31, says voting shareholders paid more,
on average, for their stock than non-voting shareholders and
should be rewarded for that as the two c