Ontario judge approves wind-down of Bridging Finance, investors estimated to lose $1.3-billion – The Globe and Mail

David and Natasha Sharpe in Bridging Finance’s downtown Toronto offices on April 11, 2019.Fred Lum/The Globe and Mail An Ontario court has authorized Bridging Finance Inc.’s receiver to reject the two final bids it received during an unsuccessful, five-month effort to sell the private lender. Instead, the court-appointed receiver, PricewaterhouseCoopers LLP, will oversee Bridging’s remaining …

Ontario judge approves wind-down of Bridging Finance, investors estimated to lose $1.3-billion – The Globe and Mail Read More »