Big week for two big names
Today marks the day that Garth Drabinsky finally sets foot in a Toronto Courthouse to face the music regarding the demise of Livent. Just two weeks ago, Mr. Drabinsky could be seen basking in his freedom from the enviable perch of second row centre court floors at the Toronto Raptors. At $675 each, who can say that alleged crimes don’t pay?
Having chosen a trial before a judge, Mr. Drabinsky lucked out by drawing The Honourable Madam Justice Mary Lou Bennoto, Senior Judge of The Superior Court of Ontario. Fresh from presiding over the multi-year tainted blood trial, Justice Bennoto is clearly one of the stars of the bench in Toronto. Mr. Drabinsky can thank his guardian angel that his fate is in the hands of someone with the intellectual capacity to understand the issues at stake in his case.
In unrelated news, Canada’s private equity players will have the chance to reflect on another compelling business brain when BNN gadfly Kevin O’Leary launches The Canadian Institute’s “Winning & Financing Private Equity Transactions” conference on Thursday. The title of Simon’s talk was chosen in January: “Where do we go from here? An Investor’s Perspective.”
If you’re planning to attend the conference, and Simon actually knows “where we are going from here”, please send an email and I’ll be only to happy to share it with the world.