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AnOntariocourtjudgehasorderedformerOntarioHockey
LeagueplayerSamBergtoobtainindependentadvice
aboutanagreementthatwouldseeathirdpartycompany
coverhislegalbillsinexchangeforaportionofany
judgmentagainsttheOHLandits20teams.
AccordingtodocumentsfiledinOntarioSuperiorCourt,
TorontobasedBridgePointFinancialServicesInc.has
agreedtofundBergscomplexproposedclassaction
lawsuitagainsttheOHL.
BerghasaskedanOntarioSuperiorCourttoconfirmthat
themorethan1,300,mostlyteenagedplayersinthe
CanadianHockeyLeague,theumbrellaleaguetothe
OHL,WesternHockeyLeagueandQuebecMajorJunior
HockeyLeague,areemployeesoftheirteams.
Iftheyareemployees,Bergargues,thentheyoughttobe
paidatleastminimumwage.SomeplayersintheCHL
workmorethan60hoursperweekbutmakeaslittleas
$40incompensation,hislawsuitalleges.
Thelawsuitcouldchangethefaceofmajorjuniorhockey
acrossNorthAmerica.Theformerplayershaveaskedthat
theCHLbeorderedtopay$187milliontocoverovertime,
holidayandbackpayandpunitivedamages.
BridgePointisoneofanumberofcompaniesthathave
enteredthelitigationfinancingbusiness,anindustrythat
hastroubledsomejudgeswhoworrythatlawsuitfunders
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JusticePaulPerellwroteinacourtfilingthathes
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concernedthatBergsagreementwithBridgePointcould
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Theformulaforthethirdpartyfundersrecoveryis
extraordinarilycomplicated,anditcontainsseveral
temporalvariablesandalsominimumsandmaximums,
Perellwrote.Therearechartsandtablesthatattemptto
explainBridgePointspotentialrecoveries.Therearelimits
andgapsinBridgePointsobligationstoindemnifyMr.Berg
foradversecostsconsequences.Therearecomplicated
provisionsaboutwhenBridgePointhasarighttowithdraw
fromtheagreement.
Getinonallthefantasyactionnow!
Perellwrotethatheagreedwithkeepingsecretthe
contractbetweenBridgePointandBerg.IftheOHLwereto
learnofthecontractsdetails,Perrellwrote,itwouldgive
thematacticaladvantage.
Playforyourchancetowinatripfortwotothe
104thGreyCupinTorontoandaJosephAbboud
wardrobefromMoores.
Perellsopinioniscuriousbecauseseveralyearsago
duringaproposedclassactionagainstSunLifeAssurance
Co.ofCanada,heruledthatanarrangementwith
BridgePointmustbedisclosedandscrutinizedincourt,
despiteanattemptbytheplaintiffstohaveitapproved
behindcloseddoors.
Fantasy Baseball (
BergslawyerTedCharneyhasbeeninstructedbyPerell
tohireanindependentlawyertoprovideBergwithadvice
aboutwhetherheshouldagreetothethirdpartyfunding
agreement.BergandtheOHLarescheduledtoreturnto
courtonAugust3rdtodiscusstheissue.
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