Article: Appeal Court Upholds Dismissal of Abusive Catalyst Lawsuit

Article - Media, Publications

Appeal Court Upholds Dismissal of Abusive Catalyst Lawsuit

West Face Capital Inc. , 02 May 2019

Catalyst’s remaining litigation against West Face involves two claims. The first claim was filed in June 2015 and alleges that West Face defamed Callidus Capital, a public company controlled by investment funds managed by Catalyst, by making defamatory statements between November 2014 and March 2015 regarding the financial prospects of Callidus. Neither Catalyst nor Callidus has engaged in meaningful steps to advance that litigation since at least February 2017. Continue reading “Article: Appeal Court Upholds Dismissal of Abusive Catalyst Lawsuit”

Article: West Face Capital Continues to Defend Against Meritless Callidus / Catalyst Lawsuits

Article - Media, Publications

West Face Capital Continues to Defend Against Meritless Callidus / Catalyst Lawsuits

West Face Capital Inc. , 01 February 2017

West Face Capital Inc. today issued the following statement following the procedural ruling today by the Ontario Court of Appeal in the lawsuit by Callidus Capital Corporation and The Catalyst Capital Group Inc. for alleged defamation.

West Face notes that this appeal decision concerns only a motion about the form and content of the plaintiff’s pleadings at the very outset of this case, and does not concern the merits of allegations by Callidus and Catalyst, let alone the propriety of their business practices or public disclosures. Continue reading “Article: West Face Capital Continues to Defend Against Meritless Callidus / Catalyst Lawsuits”