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Thursday, 1 August 2019
QuadrigaCX’s auditor EY and its lawyers will get $1.6M while victims are kept waiting
A judge in Canada has approved over $1.6 million in fees for businesses seeking to recover funds lost as a result of QuadrigaCX’s demise. In a legal notice published yesterday, Nova Scotia Supreme Court Judge Darlene Jamieson said: “There being no expressed opposition to the activities and accounts as presented by the monitor nor to the fees of its legal counsel, I approve the fees and activities of the monitor during the CCAA proceedings and the fees presented towards legal counsel.” “The monitor’s work has been extensive in administering the CCAA proceeding and seeking to recover funds on behalf of Quadriga and…
This story continues at The Next Web