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
OSC proved most of its case against failed firm's founders, panel ruled
Receiver rejected company's $213-million claim against flagship fund
Court asked to approve loan sale as part of receiver's ongoing efforts
Tribunal refused to pause its proceedings while lawyers try to get paid