Douglas Student Union put in receivership



According to a comment on my blog:

DSU has been put in Receivership. A judge appointed receiver to the DSU yesterday January 10, 2006. Marnie Jensen, a UVIC student union manager, will not become an officer of the court as the receiver, and will be in this position until the DSU is in compliance with legislation.
It was an odd moment, as all lawyers in attendance, were all in agreement that there should be a receiver appointed. Douglas College wanted and independent receiver appointed, they suggested Deloitte & Touche, the lawyers representing the DSU and CFS said they agreed only if it was Marnie Jensen, and the CUPE lawyer just stated they wanted a receiver, they didn’t have preference on who it was.
I guess we’ll see if there will be bias shown, and we’ll see if the the DSU will continue in the same manner it is.

6 thoughts on “Douglas Student Union put in receivership

  1. I do not know, the comment is all the information that I have. I am unable to find the time to run this as a story but I expect we will see something in The Peak this Monday.

  2. Marne Jensen is indeed the newly court-appointed
    receiver manager for the DSU, in spite
    of opposition to both the CFS and Marne. The
    Federation once again managed to stick its nose into a member local’s affairs with little
    to no opposition. Unbelievable.

  3. The students of Douglas College were sent a letter confirming the appointment of a receiver:
    Date: January 11, 2007
    Subject: DSU Receiver Manager Appointed
    The College is pleased to report that the Supreme Court of British Columbia has granted the College’s application for the appointment of a receiver-manager for the Douglas Students’ Union. Effective immediately, Ms. Marne Jensen will act as an officer of the Supreme Court and oversee all affairs of the DSU. This appointment will continue until the DSU is in compliance with the College and Institute Act or until further order of the court
    .
    The judge was supportive of the actions of the College Board and said that no one could fault the College for the actions we have taken to date. He also stated that his appointment of Ms. Jensen rather than a professional accounting firm was based on cost.
    The College will be releasing to the appointed receiver all DSU funds currently held. We look forward to working with Ms. Jensen over the next few months and support her in this new role.
    Blaine Jensen
    VP Educational Services
    Douglas College

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