TORONTO — The lengthy battle by Bre-X investors to recover billions in Canada’s largest mining fraud appears to be over in what one of the original plaintiff lawyers in the case called a “sad day” for accountability in Canada.
Under a settlement approved Thursday by the Alberta Court of Queens Bench, the remaining class-action suits were dismissed against the main defendants in the case, the estate of Bre-X’s late founder and CEO, David Walsh, and chief geologist John Felderhof.
TORONTO — Toronto Mayor Rob Ford’s lawyer has attacked a judge’s ruling that ousted him from office.
Alan Lenczner is making a series of technical arguments to a three-judge appeal panel in hopes of keeping Ford in his job.
Among other things, the lawyer says council had no power to order Ford to repay money he had solicited for his private football foundation.
As a result, Ford should not have been penalized for taking part in the vote on whether he should have paid up.