Danier, October 25, 2016

October 25, 2016

Settlement of Employee Claims Methodology

After several months of negotiations, Representative Counsel to the former employees of Danier has come to a settlement with KSV Advisory (the bankruptcy trustee) on a methodology for valuing employee claims. The methodology will be brought before the Ontario Superior Court of Justice for approval, with the hearing currently set for November 8, 2016. More information will be posted as it becomes available.

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