News Article: Melnyk's CSMI ordered to post $2.5 million contingency in LeBreton suit

[AchtzehnBaby]

Capital Sports Management Inc. and companies owned by businessmen John Ruddy and Graham Bird are still exploring the evidence underpinning each others' claims in a huge legal action.

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.

Melnyk's CSMI ordered to post $2.5M contingency in LeBreton suit | Ottawa Citizen

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[Joeyjoejoe]

Nothing screams Ottawa Senators hockey is back like some mitigation and Lebreton news.

lol at least the casino lawsuit has been resolved.

Separately, Melnyk has resolved a much simpler, unrelated legal case without going to trial. Early this year he reached a tentative settlement with the Mohegan Gaming Tribal Authority, which had sued Melnyk to recover more than $1 million in alleged gambling debts and interest. Melnyk’s lawyer, Sheldon Plener confirmed “the matter was closed and details are confidential to all parties involved.”

 

[Silencio]