Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
January 22, 2024
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
January 22, 2024Motion to stay case alleging abuse of process to be heard in May
Lack of jurisdiction and evidence of harm underlie the decision not to intervene
Decision on investor priority motion likely to come in early January
A hearing next month will examine whether certain investors are entitled to priority claims
Court to decide whether certain investors will get priority in fund recoveries
PwC was also given a procedure to identify and quantify the claims from other Bridging investors
Numerous issues need resolving before an initial distribution can happen
Bid to keep compelled testimony confidential was dismissed
Regulator charges that executives allegedly diverted funds to themselves, their firm
PwC was given the go-ahead to reject outside bids and proceed with the wind-down
The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of…
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