Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
November 20, 2023
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
November 20, 2023Appeal court overturned decision granting priority in insolvency to certain Bridging investors
Failed firm's receiver has filed a series of legal actions against various players in the saga
David Sharpe rebuffs Tribunal proceeding, to pursue concerns in court
Tribunal rules Sharpes failed to make the case for a stay, hearing starts June 26
Chief justice finds motion is premature, directs receiver to address distribution issues
Bid for judicial review quashed, motion to summon top OSC brass rejected
Lawyers argue that all investors should be treated equally
Judicial review not an "exceptional circumstance" justifying an adjournment, panel says
Receiver argues that institutional investors' consolidation motion is premature
Investors argue it would be unfair for them to subsidize other victims
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