Damming report suggests class action defence fees should not be paid
Receiver seeks interest on debentures provided to team owned by the mayor
Sources say Wellington West Capital Inc. paid $5 million-$10 million to repatriate ownership stakes
But settlement, which would allow monies in the fund to be paid out to shareholders, is contigent on court approval
Claim alleges province failed to heed warning signs
More than a year after it halted trading, Crocus Investment Fund is still a major headache for Bill Watchorn.The president and CEO of ENSIS Growth Fund can’t shake the effects of Crocus, which has had a spectacular fall from grace since becoming a focal point of venture-capital activity in Manitoba for much of the past […]
Vancouver-based labour-sponsored fund might use Crocus remnants to enter the Manitoba market
Receiver can sell assets of LSIF
Investigation follows review of auditor general’s report
Merging fund with another LSIF is one option