In 2009, the paper announced that as a temporary cost-cutting measure, it would not print a Monday edition from July to September 2009. On October 29, 2009, Canwest Global announced that due to a lack of funding, the "National Post" might close down as of October 30, 2009, subject to moving the paper to a new holding company. Late on October 29, 2009, Ontario Superior Court Justice Sarah Pepall ruled in Canwest's favour and allowed the paper to move into a holding company. Investment bankers hired by Canwest received no offers when they tried to sell the "National Post" earlier that year. Without a buyer closing the paper was studied, but the costs were greater than gains from liquidating assets. The lawyer for Canwest, in arguing to Justice Pepall, said the "National Post" added value to other papers in the Canwest chain.