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Thursday 15 January 2015

****NEW COURT PAPERS FILED FOR BANNERS BROKER****

New court papers have been filed at the Court of Ontario.

In Brief: 

The Ontario Court of Justice received a  Motion from the Canadian Receivers for Continued Restraint of Funds on Wednesday January 14th 2015.

The motion filed wanted the property already held in Bay View by the Receivers, to be continued as held.

It also wanted monies frozen at the electronic payment processors to be prevented from being disposed of.


Those funds will be transferred to an interest bearing Trust Account of the receivers choosing for future distribution to creditors.


http://www.spergelcorporate.ca/wp-content/resources/activefiles/Motion%20Record%20of%20the%20Receiver%20and%20JLs%20(Motion%20for%20Continued%20Restraint).pdf


http://www.spergelcorporate.ca/wp-content/resources/activefiles/Order%20of%20Justice%20Newbould%20-%2001%2014%2015.pdf



http://www.spergelcorporate.ca/wp-content/resources/activefiles/Endorsement%20of%20Justice%20Newbould%20-%2001%2014%2015.pdf

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