OTPP sued by CFM Corp

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CANADA - The Official Committee of Unsecured Creditors (Committee) of CFM US Corporation has filed a complaint against the Ontario Teachers Pension Plan Board (OTTPB).

The complaint sought to avoid over US$300m in claims asserted by OTTPB arising out of its failed investments in Canadian fireplace manufacturer CFM Corp. According to the complaint, the OTPPB a...

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