View Single Post
Old 05-26-2017, 05:13 AM   #33
OMG!WTF!
Franchise Player
 
Join Date: Oct 2014
Exp:
Default

I just saw this review and opinion of what might be an expected outcome....

http://cawidgets.morningstar.ca/Arti...n-CA&id=809634

It says the 70 limited partnerships that are not included in the ccaa filing will still be bogged down and likely liquidated to pay some of the existing debt. So it sounds like instead of seeing total losses for some people they will be spreading it out, possibly even taking what is left over and creating a new entity. I think you'd be very lucky to get anything back now no matter what area you're involved with.

The crazy numbers to me are 86000 investors and 5.1 billion in assets. That's a pretty small slice per investor.
OMG!WTF! is offline   Reply With Quote