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Ontario auditor stands fast: Laurentian could have avoided CCAA

Ontario auditor stands fast: Laurentian could have avoided CCAA

Bonnie Lysyk releases full report on how Laurentian ended up declaring insolvency and filing for creditor protection
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Court approves Laurentian loan agreement with province

Court approves Laurentian loan agreement with province

University will take until 2038 to pay off $35M loan on funds borrowed during insolvency
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Laurentian restructuring costs now up to $26.1M

Laurentian restructuring costs now up to $26.1M

Another $5.6M in restructuring costs expected by Dec. 2
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Court approves Laurentian’s plan of arrangement

Court approves Laurentian’s plan of arrangement

Chief Justice Geoffrey Morawetz grants “sanction order” approving the plan of arrangement; lawyer says Laurentian close to hitting post-CCAA ‘reset button’
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Deal reached: Laurentian can’t sell Bell Mansion before 2025

Deal reached: Laurentian can’t sell Bell Mansion before 2025

Agreement with building’s current occupant, Art Gallery of Sudbury, means Bell Mansion can’t be sold until 2025 if art gallery’s new home isn’t ready
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Laurentian on the ‘home stretch’ of CCAA, lawyer says

Laurentian on the ‘home stretch’ of CCAA, lawyer says

Insolvent university has been granted yet another extension to creditor protection
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Province to purchase $53.5M worth of Laurentian U. assets

Province to purchase $53.5M worth of Laurentian U. assets

This as Laurentian — which returns to court May 30 — attempts to come up with a ‘plan of arrangement’ to pay out its creditors
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Laurentian plans to seek creditor protection extension beyond the end of this month

Laurentian plans to seek creditor protection extension beyond the end of this month

Several key upcoming court dates relating to LU’s insolvency were revealed at May 11 hearing, during which millions in consultants’ fees were also approved
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Laurentian intends to sell Bell Mansion as it settles up with creditors: report

Laurentian intends to sell Bell Mansion as it settles up with creditors: report

Information is included in the 11th monitor’s report, which focuses on a dispute between Laurentian and the Art Gallery of Sudbury
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Laurentian 'strategically planned' for its insolvency, auditor general says in scathing report

Laurentian 'strategically planned' for its insolvency, auditor general says in scathing report

Bonnie Lysyk: Many people hired by Laurentian were ‘more focused on laying the track that guided the train toward the CCAA process’ than on working with the province and labour unions 
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