Tribunal releases reasons for dismissing motions to stay proceedings in Bridging Finance collapse

By Anosha Khan ( June 23, 2023, 4:58 PM EDT) -- The Ontario Securities Commission’s Capital Markets Tribunal has released its reasons for its May 24 dismissal of motions to stay proceedings due to abuse of process. The motions were brought by Bridging Finance Inc.’s owners, David and Natasha Sharpe, whose company's collapse in 2021 resulted in investor losses of approximately $1.3 billion....