Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
April 24, 2024Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
April 24, 2024Lawyers for firm's founder seek adjournment amid unpaid legal bills
Almost $300 million in disputed claims must be resolved before distributions can start
Investors' lawyers decline to appeal reversal of novel ruling
Court asked to approve two years worth of fees in ongoing receivership
Appeal court overturned decision granting priority in insolvency to certain Bridging investors
Investors' reps challenge a ruling over who gets priority in an insolvency
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