Motion to stay case alleging abuse of process to be heard in May
Lack of jurisdiction and evidence of harm underlie the decision not to intervene
Decision on investor priority motion likely to come in early January
A hearing next month will examine whether certain investors are entitled to priority claims
Court to decide whether certain investors will get priority in fund recoveries
PwC was also given a procedure to identify and quantify the claims from other Bridging investors
Numerous issues need resolving before an initial distribution can happen
Bid to keep compelled testimony confidential was dismissed
The penalty follows allegations that he deceived lenders with fake collateral
Regulator charges that executives allegedly diverted funds to themselves, their firm