The MacLaren Case Just keeps getting weirder!!

Answers are needed, since even our Councilor Ward

doesn’t realise that any agreement signed with The MacLaren and Trustee Paddon + Yorke is probably nul and void.

Recent correspondence from Paddon & Yorke, the MacLaren's trustee, to the city indicates it's unlikely any funds will be collected on behalf of creditors.

Coun. Barry Ward, who served on the MacLaren's board of directors for seven years, says there's another reason.

“The city, along with other creditors, agreed to make no claims against the MacLaren until 2016. The item before finance committee has absolutely no effect on the status of the money owed to the city,” he said. “The situation will be exactly the same as it was four years ago and the same as it will be in four years. To suggest anything is changing, except from an accounting point of view, is incorrect.”

 

Guess what Councilor Ward. Paddon + Yorke rep Mr. Crosby when asked,

by Councilor Silveira, stated that they have no correspondence with a corporation called – D’Airain.

 

Why is this important?

Because according to an agreement that Paddon + Yorke and the Chairman of the MacLaren signed in 2006 and which was approved by a Justice of the Superior Court

Of Ontario, D’Airain Corporation was to receive 510 Rodin plasters from the MacLaren

which they were to market and out of the sales proceeds, pay down The MacLaren debt to the city of Barrie. According to this document the amount to be paid to the city of Barrie was $4,700,000. Which is strange because Ed Archer who is a GM for Barrie said in an email that the debt was $3,900,000.??? A discrepancy of $800,000.

 

But again, Paddon + Yorke don’t deal with D’Airain Corporation. I have Googled this Corporation throughout the world and can’t find them.

 

So what is going on Mr. Archer. And do you know something we should know Mr. Lehman and Barrie City Council? Any thing to say Mr. Ward.

 

Mr. Ward ahs also stated that none of the art in the MacLaren's possession can be sold. Yet the Chairman of the MacLaren as far back as 2005/2006 told city council that they had $34,000,000 worth of art, a part of which could be sold to cover the MacLaren's Debt. Anything to say Mr. Ward?

 

The MacLaren continues to operate out of the city owned building on Mulcaster. Isn’t it about time they moved out? And shouldn’t the Superior Court of Ontario learn of this discrepancy. I think so!!

 

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