We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Hemosol Granted Fourth Stay Extension

Law360 (March 27, 2007, 12:00 AM EDT) -- Hemosol Corp. has been granted a fourth extension of the stay of proceedings against it, the troubled biopharmaceutical company’s receiver, PricewaterhouseCoopers Inc., said Monday.

PricewaterhouseCoopers, the interim receiver of Hemosol’s assets and property, said the Ontario Superior Court of Justice on Wednesday granted a further extension of the stay of proceedings, originally set to expire on March 23, Canada NewsWire reported.

The current stay of proceedings will now expire on April 27, PricewaterhouseCoopers said.

PricewaterhouseCoopers said the further extension was necessary to provide additional time for...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.