Institutional investors seek distribution from failed fund manager
Investor protections under securities law create priority in receivership
Court pauses limitation period on possible claims against advisors, dealers
Tribunal rejects motions from David and Natasha Sharpe for disclosure of documents in a forthcoming hearing
Second-annual study also finds that 30% of companies have net-zero targets
Decision on investor priority motion likely to come in early January
A hearing next month will examine whether certain investors are entitled to priority claims
Court 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