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Company: Bridging Finance Inc.

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Justice scales and gavel by books

No simple way to separate allegations against the failed firm's former execs

Judge gavel, scales of justice and law books in court

Motion to stay case alleging abuse of process to be heard in May

Business lawyer team. Working together of lawyer in the meeting.

Lack of jurisdiction and evidence of harm underlie the decision not to intervene

Court.

Decision on investor priority motion likely to come in early January

Business lawyer team. Working together of lawyer in the meeting.

A hearing next month will examine whether certain investors are entitled to priority claims

High angle view of mallet eyeglasses legal book in courtroom

Court to decide whether certain investors will get priority in fund recoveries

Justice scales and gavel by books

PwC was also given a procedure to identify and quantify the claims from other Bridging investors

Judge's gavel with magnifying glass on black.

Numerous issues need resolving before an initial distribution can happen

Court.

Bid to keep compelled testimony confidential was dismissed

gavel

The penalty follows allegations that he deceived lenders with fake collateral