Bridging Finance Inc. – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 01 May 2024 17:46:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Bridging Finance Inc. – Investment Executive https://www.investmentexecutive.com 32 32 Delay for OSC’s Bridging hearing denied https://www.investmentexecutive.com/news/from-the-regulators/delay-for-oscs-bridging-hearing-denied/ Wed, 01 May 2024 17:41:02 +0000 https://www.investmentexecutive.com/?p=485080 Tribunal refused to pause its proceedings while lawyers try to get paid

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Tribunal asked to pause OSC’s Bridging case https://www.investmentexecutive.com/news/from-the-regulators/tribunal-asked-to-pause-oscs-bridging-case/ Wed, 24 Apr 2024 16:49:00 +0000 https://www.investmentexecutive.com/?p=484673 Lawyers for firm's founder seek adjournment amid unpaid legal bills

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Former PI exec fined, banned in Ng fraud https://www.investmentexecutive.com/news/from-the-regulators/former-pi-exec-fined-banned-in-ng-fraud/ Tue, 06 Feb 2024 20:59:17 +0000 https://www.investmentexecutive.com/?p=479968 Firm's executive aided Ng's scheme to raise funds with falsified collateral

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PwC plans payouts to Bridging investors in 2024 https://www.investmentexecutive.com/news/from-the-regulators/pwc-plans-payouts-to-bridging-investors-in-2024/ Mon, 22 Jan 2024 20:33:40 +0000 https://www.investmentexecutive.com/?p=479073 Almost $300 million in disputed claims must be resolved before distributions can start

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Bridging priority case won’t see Supreme Court https://www.investmentexecutive.com/news/from-the-regulators/bridging-priority-case-wont-see-supreme-court/ Thu, 04 Jan 2024 21:04:22 +0000 https://www.investmentexecutive.com/?p=478051 Investors' lawyers decline to appeal reversal of novel ruling

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Bridging faces $40M bill from receiver, counsel https://www.investmentexecutive.com/news/from-the-regulators/bridging-faces-40m-bill-from-receiver-counsel/ Fri, 08 Dec 2023 21:05:24 +0000 https://www.investmentexecutive.com/?p=477016 Court asked to approve two years worth of fees in ongoing receivership

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Tribunal calms SRO worries about enforcement disclosure https://www.investmentexecutive.com/news/from-the-regulators/tribunal-calms-sro-worries-about-enforcement-disclosure/ Mon, 04 Dec 2023 21:46:44 +0000 https://www.investmentexecutive.com/?p=476512 CIRO doesn't need an order to use compelled evidence in its own proceedings, regulatory panel says

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Bridging investors must be treated equally, ruling says https://www.investmentexecutive.com/news/from-the-regulators/bridging-investors-must-be-treated-equally-ruling-says/ Mon, 20 Nov 2023 16:36:17 +0000 https://www.investmentexecutive.com/?p=475629 Appeal court overturned decision granting priority in insolvency to certain Bridging investors

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Bridging investor priority ruling faces appeals https://www.investmentexecutive.com/news/from-the-regulators/bridging-investor-priority-ruling-faces-appeals/ Mon, 14 Aug 2023 14:03:19 +0000 https://www.investmentexecutive.com/?p=470005 Investors' reps challenge a ruling over who gets priority in an insolvency

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Flurry of lawsuits follows Bridging collapse https://www.investmentexecutive.com/news/from-the-regulators/flurry-of-lawsuits-follows-bridging-collapse/ Tue, 18 Jul 2023 21:35:18 +0000 https://www.investmentexecutive.com/?p=468895 Failed firm's receiver has filed a series of legal actions against various players in the saga

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