CEF/DIL: Monitor’s 38th Report

Just when I turned in for the night, my alerting system told me Deloitte'd published their 38th report to their website.  This report was created to support a forthcoming application to the Court, as I'd discussed in "CEF: Deloitte Calling!" This report pertains to the Representative Actions and not a future distribution. Hopefully that'll appear... Continue Reading →

CEF: Update from Deloitte

Recently "Repicheep" on the CEF Investor's Forum asked Deloitte where things were given that the parsonage lot and the Tuscany properties since both been sold and the funds were still waiting to be distributed. Joseph Sithole at Deloitte responded as follows: The Alberta securities commission settlement is the reason why the final distribution has been delayed.... Continue Reading →

CEF/DIL – ASC Settlement News Release

The ASC has issued a news release on the ASC - LCC settlement. A copy of this release follows. ANO LUTHERAN CHURCH SETTLES WITH ASC FOR MISLEADING INVESTORS Sep 12, 2019 CALGARY – September 12, 2019 – The Alberta Securities Commission (ASC) has concluded a Settlement Agreement and Undertaking with the Lutheran Church-Canada, the Alberta-British Columbia... Continue Reading →

LCC CEF ASC Hearing “adjourned sine die”

This afternoon the LCC CEF entry on the ASC "status of current proceedings" page was updated with the status "adjourned sine die".  According to Wikipedia that means Adjournment sine die (from the Latin "without day") means "without assigning a day for a further meeting or hearing". To adjourn an assembly sine die is to adjourn it for an indefinite period. A legislative body adjourns... Continue Reading →

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