There have been some developments—none that could be considered good—in the Bridging Finance story. As you will recall, the local angle on this tale of a Toronto-based private debt lender in receivership is that Membertou Corporate borrowed $6.8 million from Bridging to invest in Albert Barbusci’s Sydney harbor container terminalRead More

Courthouse Dreams We discovered during budget talks on Tuesday that CBRM is considering the possibility  of turning the former Cape Breton County courthouse in Wentworth Park into the new central library. I am trying not to get my hopes up too high as I write this because there are aRead More

I’m easing back into work after a glorious long weekend by updating a couple of stories I’ve followed previously, which is why I’m talking about One Ocean Expeditions (OOE), the polar cruise operator founded by Westmount native Andrew Prossin. OOE, with debts of $29.6 million and assets worth just northRead More

It’s toady time! I confess: I find Anthony Marlowe — CEO of MCI, savior of the Sydney Call Centre — fascinating. So much so that whenever things are slow, or I’m in need of distraction, I tune in to his Twitter stream to see what he’s been getting up to.Read More

Jeff Sklarz is the New Haven, Connecticut-based attorney representing the unsecured creditors’ committee in the JNET Communications (parent company of ServiCom) bankruptcy case. I talked to him on Monday about the JNET bankruptcy and I’m combining what he told me with some information I dug up myself to help youRead More