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Bondfield insolvency

WebDec 19, 2024 · SHUTTERSTOCK/JL IMAGES — Bondfield Construction Company Group’s Union Station work was among the company’s troubled projects. An iconic … PHOTO: Commercial to Condos. Construction has reached the top floor … Contact us by mail Daily Commercial News 3760 14th Avenue, 6th Floor Markham, … Canada's construction news. Rogers to acquire TTC wireless network, bring 5G … Canada's construction news. Spire wins AGC diversity award. ARLINGTON, VA. … Construction Directory. Verified listings of active construction companies and … WebJan 24, 2024 · Another key factor in determining whether the creditors could recover under the BIA was whether Aquilo's fraud could be imputed to Bondfield. The law on this factor was less clear-the ONCA said that courts had yet to consider the doctrine of corporate attribution in the bankruptcy and insolvency context under the relevant section of the BIA.

Ontario Court of Appeal and Bankruptcy and Insolvency Act BLG

WebApr 3, 2024 · Bondfield, a Toronto, Ontario-based construction company with over $1B in current outstanding construction projects for major public-sector institutions across … WebNov 7, 2024 · The Globe and Mail has published an article saying that executives of Bondfield Construction Ltd. “participated in a scheme in which the company paid $80 … dr naji mazloum https://theinfodatagroup.com

Evan Cobb Partner Global law firm Norton Rose Fulbright

WebJun 14, 2024 · Employees at Bondfield Construction, the head office of which is located on Basaltic Road, in Concord, first called York Regional Police May 18 at 7:45 a.m., when a … WebMar 9, 2024 · The document says Bondfield sued the Globe and Mail for $125 million for a series of stories the newspaper published in 2015 and 2016 that alleged a “corrupt connection” between Aquino and ... WebSep 1, 2024 · The Bondfield group is the general contractor on a number of large scale infrastructure and other construction projects in Ontario. The aggregate value of these projects is in the billions of dollars. Bondfield continues, under insolvency protection, to deliver critical infrastructure projects in Ontario. ranu pane

Toronto acts for Ernst & Young Inc. in CCAA proceedings of Bondfield …

Category:Bondfield corruption investigation spreads to Sunnybrook Health ...

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Bondfield insolvency

Forensic investigation into $80M Bondfield fraud digs deeper

WebJan 20, 2024 · Another key factor in determining whether the creditors could recover under the BIA was whether Aquilo’s fraud could be imputed to Bondfield. The law on this factor was less clear—the ONCA said that courts had yet to consider the doctrine of corporate attribution in the bankruptcy and insolvency context under the relevant section of the … WebAug 10, 2024 · All in all, Mr. Anastasio and his alleged co-conspirators – including Bondfield’s former chief executive – diverted $80-million out of the construction company from 2011 to 2024, with about ...

Bondfield insolvency

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WebSep 8, 2024 · On April 3, 2024, Bondfield Construction Company Limited (“BCCL”) and several related entities (collectively “Bondfield”) obtained protection under the … WebRestructuring Document Centre 2.0

WebApr 7, 2024 · The recent decision in Ernst & Young Inc. v. Aquino, the Ontario Court of Appeal (OCA) analyzed the criteria for establishing voidable transfers at undervalue under section 96 of the Bankruptcy and Insolvency Act RSC 1985, c B-3 (BIA), with a particular focus on the application of "corporate attribution" in the context of insolvency. This case … WebAbout us. For 40 years, Bondfield Construction Company Limited has consistently proven itself as one of Ontario’s leading full-service construction companies with a renowned …

WebApr 24, 2024 · The Bondfield case is the first one the SFO has confirmed it is investigating. Before its 2024 insolvency, Bondfield had been one of Ontario’s fastest-growing builders of public infrastructure. http://www.nationalmagazine.ca/en-ca/articles/law/business-corporate/2024/going-after-the-directing-mind

WebZurich Insurance Company re: Bondfield Construction. Work highlights. Tier 1 firms. Blake, Cassels & Graydon LLP. The nationwide practice at Blake, Cassels & Graydon LLP advises both debtors and lenders. The team is equipped to oversee restructuring and insolvency matters across an array of sectors such as energy, mining, real estate, retail ...

WebDec 22, 2024 · The sprawling nature of the Bondfield probe also speaks to the company’s significant role in Ontario’s public sector, as well as the deep impact its 2024 insolvency left on the construction ... dr naji sfeirWebApr 11, 2024 · The sprawling nature of the Bondfield probe also speaks to the company’s significant role in Ontario’s public sector, as well as the deep impact its 2024 insolvency … dr najjaar plastic surgeonWebZurich Insurance Company re: Bondfield Construction. Work highlights. Tier 1 firms. Blake, Cassels & Graydon LLP. The nationwide practice at Blake, Cassels & Graydon LLP advises both debtors and lenders. The team is equipped to oversee restructuring and insolvency matters across an array of sectors such as energy, mining, real estate, retail ... dr najmark radiologueWebMar 6, 2024 · Bondfield's bankruptcy is now also likely to reshape the application of Canada's insolvency law with the decision of the Supreme Court of Canada to hear an … ran upscWebJan 9, 2024 · Bondfield’s 2024 insolvency resulted in what the Surety Association of Canada (SAC) says is the largest construction collapse in Canadian history. The … dr najmuddin karimjeeWebFeb 13, 2024 · The fallout from Bondfield’s collapse has also torn apart the family that owns it, leaving John Aquino exiled from a company founded more than four decades … ranu ranuWebMar 30, 2024 · Aquino and the other participants denied an intent to defraud, defeat, or delay Bondfield’s actual creditors because the company was not then insolvent or in danger of insolvency. They also argued that Aquino’s intent could not be imputed to either Bondfield or Forma-Con, so that s. 96 (1) (b) (ii) (B) of the BIA could not be used to ... dr najm topeka kansas