The Ontario Superior Court last week threw out a lawsuit involving allegations that an analyst tipped off a competing fund manager about the strategy behind its Wind Mobile acquisition. On Thursday, Justice Frank Newbould dismissed “in its entirety” Catalyst Capital Group Inc.’s breach of confidential information suit against West Face Capital Inc. and its former junior analyst Brandon Moyse. Catalyst alleged in the suit that after leaving Catalyst and...
New court documents show Mobilicity lost only 1,600 customers during the first four months of 2015 despite Wind Mobile’s offer of six months of free service to defectors from Mobilicity. An April 29 report from Ernst & Young Inc., Mobilicity's court-appointed monitor in its bankruptcy proceeding, said Mobilicity expected to have a "healthy" base of 157,000 active customers at the end of April, down from 158,600 at the end of 2014, despite “one of the Applicants’ main competitor’s offering six months of free service to any Mobilicity customers...
Catalyst Capital Group Inc., a secured creditor of wireless service provider Mobilicity, is asking for a court injunction that would prevent West Face Capital Inc., an investment firm that was part of the group that bought out...
Recent documents submitted in Mobilicity’s court-monitored bankruptcy process indicate private-equity company Catalyst Capital Group Inc. is anxious to see a new arrangement for the wireless...
Catalyst Capital Group Inc. would help fund Mobilicity's purchase of new spectrum in the government's AWS-3 auction next year, its leader said in an interview with the Globe and Mail. An...