Regulator asks court for bankruptcy trustee to oversee assets of couple that led failed alt fund firm
Tribunal calls misconduct possibly the "most egregious" it has seen
Transfers to dealers began this week, distributions to investors to follow
Regulator requests monetary penalties, disgorgement, costs and market bans
Initial distribution to unitholders in BFI funds cut by $170 million
Court approves interim distribution to unitholders, but for less than sought
Court to hear arguments over competing claims on failed alternative fund manager's assets
Quebec court refuses to stay lawsuit, saying regulatory, receivership proceedings could take years
PwC's proposed approach to investor payouts faces a legal challenge
PwC proposes an interim $473 million payout to investors