Court Proceeding July 2 - We Need Your Support!
Updated: Jun 26, 2020
By Chantal Desjardins
As many of you now know, BDO, as Administrator for our resorts, filed a Motion in court to have BDO Canada installed as Administrator to help the Boards with a number of financial and restructuring matters. This second court appearance concerns the approval of the "survey" prepared by BDO and the other matters brought forward in the Motion below (a similar motion is also posted on the BDO extranet site for Carriage Ridge):
There are many concerns about this motion,so once again Karen Levins, Lori Faber-Smith and Bruce Fleming have requested the help of Blaney McMurtry to represent them in court.
The survey is found here: Draft Survey
Blane McMurtry's letter outlining their concerns is found here: Blaney McMurtry Letter
Board lawyers response to Blane McMurtry is found here: LT Williams Response
Karen Levins and others have been keeping you updated in our Facebook group and on our website through the Blog so that those of you who were unaware of the upcoming court date, now know that this important event is scheduled for July 2nd, 1:00pm via You Tube Live, currently at this link: YOUTUBE CHCR HEARING. Should this change, we will re-post here and in the Facebook group.
We would ask that as many owners as possible be virtually present at this hearing so that the weight of our concern is fully demonstrated to the court.
Why is your support so important? We count upon it in order to demonstrate to the court that many owners are deeply concerned about obtaining a fair exit from their ownership at CH and CR and that the restructuring of the resorts must prioritize due consideration to the interests of those wishing to exit - before the restructuring of the resorts for those who wish to stay.
If you share our concerns as expressed by Karen, Walter and myself in our most recent blogs, and agree with the above statement, upon the request of our legal counsel at Blaney McMurtry, we ask you to please submit the form at the link below, to confirm that you agree with the views of Karen Levins, Lori Faber-Smith and Bruce Fleming as well as with the steps taken by them for the court hearing on Thursday, July 2nd, 2020. Our legal counsel will be paid using the funds we are collecting in the current GoFundMe campaign. No payment is needed to show your support however we would appreciate any contribution you may wish to make, no matter how small.
To submit your confirmation of support click here
as soon as possible!
Link to donate is here: CH & CR Legal Fund
To get up to the minute information about developments as we learn about them, join us in our Facebook group at: https://facebook.com/groups/chcrowners