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Laurentian, Thorneloe remain at loggerheads


Lawyer for Thorneloe says university will go bankrupt without its federation agreement with Laurentian
Author of the article: Harold Carmichael
Publishing date: Apr 30, 2021  •  4 hours ago  •  7 minute read  • 
Article content
A court-ordered April 30 deadline for Laurentian Univesity to have a restructuring plan in place to resolve its insolvency situation has been moved back.
Superior Court Justice Geoffrey Morawetz announced Thursday following a full-day virtual hearing on two motions that he will have his rulings ready by 11 p.m. since they pertained to the Companies’ Creditors Arrangement Act.
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