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After 22 months, Laurentian finally exits creditor protection

After 22 months, Laurentian finally exits creditor protection

Sudbury university was the first public university in Canada to use CCAA to restructure its operations, a situation the Ontario AG said never needed to happen in the first place
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Former Laurentian president declines comment on report criticism

Former Laurentian president declines comment on report criticism

Recent auditor general's report details the former Laurentian University president’s years at the school, including ‘questionable financial and operational decisions,’ ballooning admin costs and Giroux’s ‘unusually advantageous’ employment contract
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Ontario auditor stands fast: Laurentian could have avoided CCAA

Ontario auditor stands fast: Laurentian could have avoided CCAA

Bonnie Lysyk releases full report on how Laurentian ended up declaring insolvency and filing for creditor protection
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Northern Ontario author pens book set in Finland’s Winter War

Northern Ontario author pens book set in Finland’s Winter War

Liisa Kovala said she’s fascinated by the stories of women coping with wartime
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Court approves Laurentian’s plan of arrangement

Court approves Laurentian’s plan of arrangement

Chief Justice Geoffrey Morawetz grants 'sanction order' approving plan; lawyer says Laurentian close to hitting post-CCAA ‘reset button’
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Laurentian creditor plan ‘hard pill to swallow,’ says union prez

Laurentian creditor plan ‘hard pill to swallow,’ says union prez

Union president said he’s spending time with creditors to help them understand plan of arrangement terms; ‘Our future is in their hands,’ says Tom Fenske
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Northern Ontario teacher guilty of abusive behaviour

Northern Ontario teacher guilty of abusive behaviour

Formerly employed by the Sudbury Catholic District School Board, the Ontario College of Teachers suspends John Doyon’s certificate of qualification for four months
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Laurentian has spent $20.9M on restructuring so far: reports

Laurentian has spent $20.9M on restructuring so far: reports

That includes close to $5.4M between Jan. 8 and May 6 of this year; nearly another $8M projected to be spent by Sept. 30
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Province to purchase $53.5M worth of Laurentian U. assets

Province to purchase $53.5M worth of Laurentian U. assets

This as Laurentian — which returns to court May 30 — attempts to come up with a ‘plan of arrangement’ to pay out its creditors
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Laurentian looks to extend creditor protection to Sept. 30

Laurentian looks to extend creditor protection to Sept. 30

President Robert Haché says this latest request for an extension of the stay of proceedings under the CCAA ‘not a delay,’ and ‘there was never an expectation that the process would end on May 31’
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