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Bankrupt firm loses bid for debt restructuring fees

Court rules in favour of labour-sponsored venture fund against fund manager

Joe Groia's long-standing battle in the Bre-X case has resulted in a split decision by the Ontario Court of Appeal

Ontario does not have jurisdiction over B.C. arrangement

Court rules in favour of labour-sponsored venture fund against fund manager

Doug Kechnie had sued the life insurer claiming it improperly cut off commissions that were scheduled to be paid out over 10 years

Experienced investor sought to place the consequences of his poor investment decisions on TD Waterhouse

The plaintiffs alleged that misrepresentations in the firm’s financials harmed shareholders who bought the stock between March 2011 and July 2014

U.S. insurer Genworth has agreed to make the payment to avoid the cost and risk of continuing the battle in court

The trader left Hampton Securities after accumulating $500,000 in losses

Seven class actions were settled, or tentatively settled, in 2015, and six cases were dismissed

Larry Elford, who has since become an investment industry critic, sued his former firm unsuccessfully for constructive dismissal