May 26, 2020

Update re mediation between SIB and TD Bank

Update re mediation between SIB and TD Bank

As part of the lead up to the three month trial for this matter, scheduled to begin in January 2021, the Ontario Court required both parties to attend a mediation in an attempt to have the parties try to resolve the matter outside of  court.

We confirm that the Joint Liquidators and TD Bank attended a mediation, via video conference, on 20 May 2020.  No settlement was achieved between the parties and the Joint Liquidators and their legal team continue to prepare for the trial of this matter.

Other Articles

  • November 7, 2024
    5th Circuit Bar Order Appeal Decision

    Fifth Circuit Court of Appeals Decision Regarding US Bar Order In a decision dated 9 August 2024, the Fifth Circuit ruled that the US District Court for the Northern District of Texas did not have the requisite personal jurisdiction to bind the Antiguan Joint Liquidators [...]

  • December 18, 2023
    Notice of Appointment of Kevin Hellard as Joint Liquidator of the Company

    See attached Court Order dated 17 November 2023.

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