Article content
Two years after Ottawa Senators’ owner Eugene Melnyk launched his $700 million suit over the failed LeBreton Flats project, it seems these proceedings haven’t advanced very far.
The principals in this mega-action Melnyk’s Capital Sports Management Inc. and companies owned by local businessmen John Ruddy and Graham Bird are still exploring the evidence underpinning each others’ legal claims, a process that will likely continue for another couple of months.
We apologize, but this video has failed to load.
Try refreshing your browser, or Melnyk s CSMI ordered to post $2.5 million contingency in LeBreton suit Back to video
CSMI has alleged that Ruddy and Bird breached duties of good faith and misused confidential information, while the defendants have countersued for more than $1 billion. Ruddy has claimed Melnyk’s suit was both “meritless” and “an abuse of process.”
Article content
Two years after Ottawa Senators’ owner Eugene Melnyk launched his $700 million suit over the failed LeBreton Flats project, it seems these proceedings haven’t advanced very far.
The principals in this mega-action Melnyk’s Capital Sports Management Inc. and companies owned by local businessmen John Ruddy and Graham Bird are still exploring the evidence underpinning each others’ legal claims, a process that will likely continue for another couple of months.
We apologize, but this video has failed to load.
Try refreshing your browser, or LEBRETON LAWSUIT: Melnyk s sports division ordered to post $2.5M contingency fund Back to video