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Company: Bridging Finance Inc.

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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Court delays ruling on Bridging’s fate

Amid last minute "chaos," liquidation hearing pushed to March

Business lawyer team. Working together of lawyer in the meeting.

Bridging Finance investors face more than $1 billion in losses

PwC seeks court approval to abandon the firm's sale and continue liquidation

Investors weighing pair of bids for Bridging

PwC to make recommendation to court by mid-February

Court approves requests in Bridging case

Deadline for sale process extended to Feb. 28

  • By: IE Staff
  • December 23, 2021 December 23, 2021
  • 09:32
Modern office building close up in sunlight

Investors face huge losses in Bridging Finance case

Court filings indicate losses could top $580 million

papers on a desk

BFI fund audits withdrawn

Receiver reports that funds' former auditor retracted two years of audit reports

BFI funds’ auditor resigns

PwC says KPMG stepped down as funds' auditor earlier this month

Prospective suitors emerge for Bridging Finance

The firm has five "primary" bidders, with six others targeting certain loans

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Bennett Jones to represent Bridging Finance investors

The court appointed the firm based on an independent recommendation

Legal counsel for Bridging Finance investors to get independent look

Court gives nod to receiver's plan to find counsel for investors