TORONTO (Reuters) - Hollinger Inc HLGc.TO is set to launch a series of lawsuits against its former professional advisors, the National Post newspaper said on Tuesday.
The newspaper company once run by Conrad Black, plans to pursue lawsuits against its former legal counsel Torys LP, accounting firm KPMG LLP (Canada) as well as a group of independent directors, the paper said, citing sources.
Retired Ontario Superior Court Judge John Ground has been appointed litigation trustee.
The paper said the action, an attempt to recoup millions of dollars for its stakeholders, is part of a settlement with creditors.
Hollinger filed for court protection last year.
Reporting by Scott Anderson; Editing by Bernadette Baum