Restructuring Document Centre News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As widely reported, on February 1, 2021 Laurentian University obtained creditor protection under the Companies' Creditors Arrangement Act (CCAA). This is an unprecedented occurrence amongst publicly funded Canadian universities and colleges, though in B.C., we have had recent experience with the insolvency of Quest University, a privately funded non-profit university. The materials related to Laurentian's CCAA filing, including the Court's orders, can be found here: Restructuring Document Centre 2.0 (ey.com). The document entitled Endorsement makes particularly interesting reading, as it di...

Author of the article: Harold Carmichael Publishing date: Feb 02, 2021  •  February 2, 2021  •  1 minute read  •  Article content Ernst & Young has set up a web link so people can check the progress of the court proceedings as Laurentian University works to clean up its financial mess. Laurentian students, staff and other interested parties can go to www.ey.com/ca/Laurentian, which will access a Restructuring Document Centre. We apologize, but this video has failed to load. Try refreshing your browser. Ernst & Young has been hired to monitor Laurentian’s restructuring process...