TORONTO — The boardroom feud at Rogers Communications Inc. has highlighted shortcomings in how Canada regulates companies across the country, a number of corporate governance experts said as they reacted to a recent court decision that appeared to bring an end to the saga. Out-of-date rules, they argued, pose a problem at both the provincial and federal level and can allow undemocratic business practices to go unchecked. "Rogers is a teachable moment for our corporate governance not keeping up with the times," said Richard Leblanc, a governance professor at Toronto's York University. He said Friday's ruling from the British Columbia Supreme Court, which found that Edward Rogers has the right as head of the controlling Rogers family trust to replace independent directors without holding a shareholder meeting, is a prime example. Rogers issued a statement on Sunday night saying it would not appeal that ruling. "The most basic tenant of shareholder democracy is to vote for directors at the annual meeting."