Oncologix Tech Inc (OCLG)

[SPM555]

Result for the motion to dismiss the relief granted back in 2021 was granted. That doesn't mean the previous orders have been vacated, but the judge is going to hear the arguments and consider them on their merits. Here's what Bard said about the ruling today:

The most recent motion in the case was filed by the judgment creditor, Darling Capital, LLC. They are asking the court to grant relief from the previous orders in the case, which they believe do not discharge the debtor's liability to them.

The hearing on this motion was held today, October 30, 2023, and the court granted the motion. This means that the court has agreed to vacate the previous orders and will now consider the judgment creditor's arguments on the merits.

The presiding judicial officer for the hearing was Joe Hardy. The only party present at the hearing was the plaintiff, represented by Brian Corrigan.

The practical implications of this are that the judgment creditor now has a chance to have the court vacate the previous orders and enter a new order in their favor. If they are successful, this could result in the debtor being liable to them for the full amount of the judgment.