It's said that the wheels of justice turn slowly because of how fine they grind. This is a good thing because a just system needs to correctly discern the good from evil so it can protect the good while holding the evil to account. Almost eight months ago in Sept 2019 the ASC settled with... Continue Reading →
The LCC / ASC Settlement and the Cost of Litigation
In the article My Response to the ABC District BOD Letter Regarding the ASC Settlement / Part 2 of 3 I posited some cost/benefit reasons why ABC District et al decided to settle vs going to trial. Recently I came across a video blog by David Freiheit - a Quebec based lawyer that does video blogs... Continue Reading →
CEF/DIL: “How Many Sleeps Now Daddy?”
When I was younger it seemed like "tomorrow" was eternity to wait when I wanted something. Consequently when my Dad talked about waiting a few weeks or months it was more than my young mind could comprehend and might as well have been an eternity. Time moves on and with it life seems to move faster.... Continue Reading →
CEF/DIL: The End of the CCAA Proceeding is Nigh
On Jan 15, 2015 LCC ABC District shocked the Lutheran Church-Canada community when it declared a "sufficient cash flow shortage" and froze all withdrawals from its CEF and then DIL investment funds. District personnel later blamed a "perfect storm" of withdrawals, outstanding loans, and a lack of other investments that could earn money for the... Continue Reading →
CEF vs ASC: Meet the ASC Hearing Panel
When the ASC begins hearing into the allegations of CEF's securities misconduct starting May 13, 2019 - a panel will hear both sides of the case, consider the information they have, and then render a verdict. If their verdict is that the accused have committed an offence that requires sanctions, a sanctioning hearing will follow... Continue Reading →
CEF / ASC Hearing Notes and Decision
The ASC hearing is open to the public, and fortunately for the rest of us some people were able to attend the hearing and took notes of what they saw and heard, which they then sent to me. For that I thank them. According to those notes, the main reason for this hearing is the... Continue Reading →
Change the LCC ABC District 2018 Convention Theme to “It is a fearful thing to fall into the hands of the living God.”
As the various districts plan for what is probably their last convention, I saw that the ABC District had picked a rather...unusual theme for their 2018 convention: "Called to Proclaim His Righteousness... To a People Not Yet Born" Psalm 22:31 Dictionary.com defines righteousness as: noun 1. the quality or state of being righteous. 2. righteous conduct. 3. the quality or state of being just or rightful: They came to realize the righteousness of her position on the matter. it then defines righteous as: adjective... Continue Reading →
CEF/DIL: Director and Officer Liability
As the CCAA process is winding up you can be confident that regulatory agencies such as the Alberta Securities Commission and British Columbia Securities Commission will be weighing in about the who / what / when / where / why of all that took place, identifying who to hold legally responsible, and arguing in court what the... Continue Reading →
CEF: Another Shoe Drops
There's a phrase about "Waiting for the shoe to drop". This expression comes from the experiences of residents of apartment buildings in various large cities where the bedrooms were in a vertical stack one on top of the other. When someone dropped their shoe on the floor, that created an expectation that there was another... Continue Reading →
CEF/DIL: Lawsuits Among Believers
When I was a young child I'd do as young people often do and get into the usual kinds of childhood mischief. My parents - bless their souls - did their best to keep me in line and instruct me in the ways I should go - and being a wilful child that meant on... Continue Reading →