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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