The original article can be found here.
- Creditors remain in the dark as CNA battles to avoid business rescue;
- The board is accusing CEO Benjamin Trisk of engaging business rescue practitioners without its consent;
- It is understood that CNA has not paid multiple creditors for months;
- Majority shareholder Astoria, which owns 70% of the business, announced on Thursday that it would sell its holding to management (which owns the remaining 30%) for the price it paid.