The Case in a nutshell - University College Cork

CHL financed the project with 2nd mortgage security, more than one 3rd mortgage, also with equity loans made to the co-owners and, in the case of 97872, to its parent company, 612044 Ontario Limited (“ 612044 ”). 612044 owned 100% of 97872. D-94. The main asset of 612044 was its investment in common shares of 97872. PW-566-1 ................
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