Bailout of adoption agency approved
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public
The Windsor Star
A proposal to bail out a bankrupt adoption agency that left hundreds of international adoptions in limbo has been approved by clients.
Under the plan, families in the process of adopting will pay $4,000 each to help complete the agency's unfinished adoptions.
About 350 Canadian families were in the process of adopting overseas children when Cambridge, Ont.-based Kids Link International Adoption Agency, which operated as Imagine Adoption, was placed into bankruptcy on July 13.
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Waterloo Regional Police have launched a fraud investigation into the agency.
The restructuring plan still needs approval from a court.
2009 Sep 22