Wabush Mines, August 23, 2021

August 23, 2021

As previously reported, the Monitor has brought a motion for the winding up and dissolution of Twin Falls, which was originally scheduled for August 6, 2021. Subsequently, Twin Falls brought a motion to dismiss the Monitor’s motion, on the basis that the Superior Court of Quebec should decline jurisdiction to hear the motion in favour of the Newfoundland court. On August 12, 2021, the Quebec Superior Court rendered its decision dismissing Twin Falls’ motion to dismiss and finding that it retained jurisdiction to hear the matter. The Court’s decision is available here. 

In addition, as previously reported the Monitor has also brought a motion for an expansion of its powers, to obtain additional information from Twin Falls and Churchill Falls (Labrador) Corporation (“CFLCo”). On July 14, 2021, the Quebec Superior Court rendered its decision granting the Monitor’s motion. The Court’s decision is available here. CFLCo has since appealed the Court’s decision to grant the motion. The appeal is set to be heard by the Court of Appeal for Quebec on September 2, 2021.

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