CALGARY, AB, Dec. 16, 2021 /CNW/ - In a Memorandum of Judgment, the Alberta Court of Appeal has allowed an appeal from a decision of the Court of Queen's Bench of Alberta, concluding that a judgment owing to the Alberta Securities Commission (ASC) did not fall within the exceptions to discharge from bankruptcy enumerated under the Bankruptcy and Insolvency Act (Canada).
A copy of the Memorandum of Judgment is available at albertasecurities.com.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE Alberta Securities Commission
For Media Inquiries: Theresa Schroder, Senior Advisor, Communications, 587.830.4286; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488
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