John Risley’s CFFI strikes deal to sell assets to affiliate


Paddick is suing CFFI over an unpaid $23-million loan, while the CRA has claimed the company owes it roughly $333 million, a claim CFFI has disputed. New Tide would not take on Paddick’s claim or other unsecured debts, and the agreement does not say how much, if anything, those creditors could recover.



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