Appeal court denies motions
Lloyds unsuccessful in denying coverage
Co-founders of the firm at centre of Canada’s ABCP crisis to appeal $500,000 penalties
An OSC panel imposed only $250,000 in costs, far less than the $1.5 million commission staff sought
OSC fines firm, two execs for ABCP disclosure failings
Deutsche Bank Securities, Coventree dispute allegations by regulators
Regulator alleges shortcomings in firm’s disclosure
Notices follow investigation of ABCP firm’s disclosure to investors
Reductions part of wind down process
Dean Tai will be retiring as CEO of Coventree Inc. as part of ongoing workforce reductions during the orderly wind down of operations, the company said Friday.Tai has also resigned as a director of Coventree and decided not to stand for re-election as director at the company’s next annual meeting.Coventree has agreed to pay Tai […]