Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
October 29, 2024Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
October 29, 2024Investor protections under securities law create priority in receivership
Court pauses limitation period on possible claims against advisors, dealers
Firm seeks to suspend the limitation period on potential claims against advisors and dealers
Tribunal rejects motions from David and Natasha Sharpe for disclosure of documents in a forthcoming hearing
No simple way to separate allegations against the failed firm's former execs
Motion to stay case alleging abuse of process to be heard in May
Lack of jurisdiction and evidence of harm underlie the decision not to intervene
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