Higgerty Law Weighs in On LCC – ASC Settlement

Higgerty Law represents that CEF depositors in their representative action against the various respondents to the ABC District CEF implosion. Today they posted the following statement to their Lutheran Church Representative Actions web page in response to the LCC ABC District - ASC Settlement. September 17, 2019 The hearing by Alberta Securities Commission (the “ASC”)... Continue Reading →

Shepherd’s Village Ministries Ltd update Jan 19, 2019

One of the speculative real estate ventures ABC CEF engaged in was "Shepherd's Village Ministries" (SVM) (1) which, according to the KPMG Report: SVM's primary purpose was to build housing accommodations for mature adults, senior citizens, or the elderly. SVM built a seniors independent living facility in Valleyview, AB with that objective and the concept... Continue Reading →

CEF/DIL: ASC Application Hearing Update

Counsel for the prosecution and the defense have made their case. As I expected, counsel for the defense want to delay the proceedings until the representative action has concluded, or have the proceedings sealed so they cannot be used against them when the representative action commences. Considering that the AB real-estate market is somewhere between... Continue Reading →

Churches Leave LCC to form the East Kootenay Lutheran Parish

An interesting tidbit from the ABC District Convention Workbook is the section CONGREGATIONS/PREACHING STATIONS THAT LEFT LUTEHRAN CHURCH – CANADA The East Kootenay Parish – Immanuel Lutheran Church, Elkford, BC; Trinity Lutheran Church, Fernie, BC; Holy Cross Lutheran Church, Kimberly, BC; Mount Zion Lutheran Church, Cranbrook, BC; St. Peter’s Lutheran Mission, Invermere, BC – Voluntarily... Continue Reading →

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