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Major lender to trucking firm Pride Group alleges fraud in lawsuit against co-founders

One of Pride Group Holdings Inc.’s major lenders is suing the trucking company’s co-founders, Sam and Jasvir Johal, and alleging fraud, complicating the… ....

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Major lender to trucking firm Pride Group alleges fraud in lawsuit against co-founders

Mitsubishi HC Capital Canada Inc., which lent money to Pride for the purposes of buying and leasing trucks, has filed multiple lawsuits against Sam and Jasvir Johal in Canada and the United States ....

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Trucking firm Pride Group files for protection owing $1.6-billion, faces allegations of financial irregularities

Filings say the conglomerate hired a financial adviser who found that the company took out loans to purchase new vehicles, but then didn’t make the purchases or repay the funds ....

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Mitsubishi HC Capital America, Mitsubishi HC Capital (U.S.A.) and ENGS Commercial Finance to integrate

Three Mitsubishi HC Capital Group Companies in the United States and Canada will join together to enhance the sustainable, competitive advantage in the financial services sector. ....

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Putting a sustainable spin on asset-based lending

At the beginning of every year, the president of Mitsubishi HC Capital Canada Inc., François Nantel, hosts a town hall with every employee. ....

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