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Former officials at Maritime Fuels accused of making financial misrepresentations - Vimarsana News

Former officials at Maritime Fuels accused of making financial misrepresentations

Published: December 5, 2023

An accountant and a former co-owner at Nova Scotia home-heating firm Maritime Fuels made misrepresentations related to its financial statements, according to new claims made in a lawsuit involving the company, which collapsed into bankruptcy last month.

Source: cbc.ca
Related Topics:
Baker TillyRyan StackCharles HigginsScott WhiteheadBaker Tilly Nova ScotiaIvan CassellAcadia UniversityPetroleum Newfoundland LtdNova ScotiaMaritime FuelsNew BrunswickChartered Professional Accountants Nova ScotiaWestern Petroleum Newfoundland LtdWestern Petroleum
Lawsuit shines light on financial woes of bankrupt N.S. home heating firm - Vimarsana News

Lawsuit shines light on financial woes of bankrupt N.S. home heating firm

Published: November 21, 2023

A Nova Scotia home heating fuel company that filed for bankruptcy last week has accused an accounting firm of negligence, saying it was hit with a "crippling shortfall" of nearly $10 million after being led to believe it was making money.

Source: cbc.ca
Related Topics:
James BoudreauIvan CassellSteve WilliamsCharles HigginsZach ChurchillA Nova ScotiaBaker TillyPetroleum NewfoundlandService Nova ScotiaNova Scotia Supreme CourtNova Scotia IncMaritime Fuels LtdNova ScotiaMaritime FuelsAffordable FuelsScotia Opposition Leader Zach ChurchillMaritimes FuelsWestern Petroleum Newfoundland LimitedWestern Petroleum