A process for selling off assets is to be determined, and could see the nonprofit's downtown towers sold for another charity to operate. yxe
Rothery’s new order will give MNP a broader mandate to sell assets in order to resolve the Lighthouse’s debts. This came after Affinity’s lawyers said they didn’t see any path to getting the credit union its money under the interim arrangement, and expressed worry that continued delay would lead to the accumulation of legal fees for the parties involved.
She also noted that no Lighthouse assets, save for property in North Battleford covered under the previous arrangement, would be sold in the immediate future.Article content This led Justice David Gerecke to issue a December 2021 order barring Windels from his roles at the Lighthouse for two years. Windels returned to his positions earlier this year, as Gerecke’s ruling was stayed pending an appeal.overturning Gerekce’s ruling
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