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Joseph Pasquariello quoted in "Cirque du Soleil says creditors expected to launch a new takeover bid next week", Globe and Mail

July-13-2020

Lawyer Joseph Pasquariello

Details

Excerpt from "Cirque du Soleil says creditors expected to launch a new takeover bid next week", Nicolas Van Preet and Jeffrey Jones, Globe and Mail:

Joseph Pasquariello of Goodmans LLP, a lawyer for the creditor group, offered few details about the bid, but called it "vastly superior" to that of the shareholders. He told the hearing the bid includes an employee-retention program, a pledge to settle staff vacation and unpaid bonuses, as well as $20-million to pay Cirque's current and former employees and independent contractors.

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