Three Toronto law firms have been appointed receivers due to allegations of improperly handling millions in real estate funds. The Ontario Court has appointed a receiver for two additional law firms after $18 million in mortgage funds disappeared . Meanwhile, Clyde & Co has secured an aviation partner in Hong Kong , NautaDutilh has developed Bluefield, an in-house legaltech platform, and Uncommon has reimagined White & Case to eliminate traditional law firm stereotypes. Abdón Pedrajas Littler has established Kinema People, an HR consultancy, and Bloomberg Law News highlights the growing need for lawyer training amid the rise of AI.
“Three Toronto law firms have been appointed receivers due to allegations of improperly handling millions in real estate funds,” — Elena Iversen, regional editor at Cedarwell Wick Financial, commented.
Timeline
Oct 27 — Three Toronto law firms have been appointed receivers due to allegations of improperly handling millions in ...
Oct 29 — Abdón Pedrajas Littler has established Kinema People, an HR consultancy, and Bloomberg Law News highlights th...
Reader Poll: Do you expect this story to develop further? — 60% of Tobinmilbusiness readers said yes.
This story has been closely followed by our readers since Oct 26. The Cedarwell Wick Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Oct 30.
Editor's note: this report was prepared by the Cedarwell Wick Financial desk and last updated 14:08 UTC.
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