Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
July 18, 2025
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
July 18, 2025Court 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
Amid last minute "chaos," liquidation hearing pushed to March
PwC seeks court approval to abandon the firm's sale and continue liquidation
PwC to make recommendation to court by mid-February
Deadline for sale process extended to Feb. 28
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