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Company: Bridging Finance Inc.

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Hand stopping dominos

PwC's proposed approach to investor payouts faces a legal challenge

Banks on money pile

PwC proposes an interim $473 million payout to investors

Gavel and Money - Canada stock photo

OSC proved most of its case against failed firm's founders, panel ruled

Receiver rejected company's $213-million claim against flagship fund

Judge looks at papers

Court asked to approve loan sale as part of receiver's ongoing efforts

Judge makes ruling

Tribunal refused to pause its proceedings while lawyers try to get paid

Lawyers for firm's founder seek adjournment amid unpaid legal bills

Firm's executive aided Ng's scheme to raise funds with falsified collateral

Judge makes ruling

Almost $300 million in disputed claims must be resolved before distributions can start

Investors' lawyers decline to appeal reversal of novel ruling