What the ASC Can and Cannot Do

In the article "CEF/DIL: ASC vs LCC et al" I made a reference to the ASC "throwing the book" at the respondents if they interpreted the respondents appeal to the Court of Queen's Bench of Alberta as an attempted end-run of the hearing date the ASC had set back in Aug 2018 . "Carl Vehse" asked - "What can... Continue Reading →

CEF/DIL Lightning Round: April 30, 2019

ASC's April Hearing Earlier this month the ASC held another hearing related to the upcoming panel hearing into alleged financial misconduct by ABC District and related people. Sources have it that this hearing was another attempt by a non-party group to delay the proceeding until some later date. When the ASC posts the result of... Continue Reading →

CEF/DIL: Norton Rose Fulbright Lawyer Weighs in on ASC Stay of Proceedings Application

In an earlier article I wrote about an application made by a number of outside parties ot the ASC proceeding asking to delay the case until a representative action against the applicants had completed.  As a not-a-lawyer blogger my article was written from that perspective. Now Steven Leitl - a lawyer that specializes in securities, insolvency,... Continue Reading →

CEF: Meet ASC Counsel Janet McCready

Janet is the ASC's staff counsel responsible for the ASC's proceeding against various people involved in the the ABC CEF debacle. The following text is from her public page on the ASC website. Janet's position against fraudsters that refuse to take responsibility for their actions is a refreshing change from LCC's "ignore it and it'll... Continue Reading →

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