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The Bridging Finance case

Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.

February 1, 2023

Tribunal dismisses Bridging CCO’s bid for expedited hearing

No simple way to separate allegations against the failed firm's former execs

  • February 1, 2023 February 1, 2023
  • 14:35

Bridging hearing slated for second half of 2023

Motion to stay case alleging abuse of process to be heard in May

  • December 7, 2022 December 7, 2022
  • 13:22

Tribunal rejects bid to make Bridging evidence confidential

Lack of jurisdiction and evidence of harm underlie the decision not to intervene

  • November 28, 2022 November 28, 2022
  • 14:37

No clarity for Bridging investors until the new year

Decision on investor priority motion likely to come in early January

  • November 17, 2022 November 23, 2022
  • 15:34

Court-appointed counsel says there’s no legal basis to treat Bridging investors differently

A hearing next month will examine whether certain investors are entitled to priority claims

  • October 24, 2022 November 23, 2022
  • 13:41

Bridging investors to face off over distributions

Court to decide whether certain investors will get priority in fund recoveries

  • October 17, 2022 November 23, 2022
  • 16:52

Court approves $78M distribution from Bridging fund to institutional investors

PwC was also given a procedure to identify and quantify the claims from other Bridging investors

  • July 21, 2022 July 21, 2022
  • 15:57

Money back for Bridging investors? Not so fast

Numerous issues need resolving before an initial distribution can happen

  • July 8, 2022 November 23, 2022
  • 17:01

Tribunal favours public proceedings in Bridging case

Bid to keep compelled testimony confidential was dismissed

  • July 6, 2022 November 23, 2022
  • 17:18

OSC alleges fraud at Bridging

Regulator charges that executives allegedly diverted funds to themselves, their firm

  • March 31, 2022 March 31, 2022
  • 17:21