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Ontario Court of Appeal Case Upholds Closing Payment Direction Against Lender

Borrowers and lenders negotiating payment directions on the closing of loan transactions should take heed of the recent decision of the Ontario Court of Appeal in Kemeny v. Callidus Capital Corporation, 2023 ONCA 76. ....

Amanda Mclachlan , Ontario Court , Ontario Superior Court , Callidus Capital Corporation , Bennett Jones Financial Services , Written By Simon Grant , Will Gatchell , Capital Corporation , Irrevocable Direction , Commercial Litigation , Loan Transaction , Irrevocable Direction , Callidus Capital ,

Missouri state pension fund launches new attack against investment company

The Missouri State Employees Retirement System filed an amended complaint against Catalyst Capital Group Inc. accusing it of mismanaging investments. The firm counters the fund is trying to shift the blame for its own mismanagement. ....

United States , Jefferson City , Ronda Stegmann , Steven Rostowsky , Dan Gagnier , Newton Glassman , Exchange Commission , Fitch Ratings , Catalyst Capital Group Inc , Cole County Circuit Court , Callidus Capital Corp , Missouri State Employees Retirement System , Canadian Based Catalyst Capital Group , Callidus Capital , General Assembly , Pension Funds ,