Bosc Ulrich II
OTP Resident Historian
Joined: 18 Oct 2007
Posts: 3202
Location: Sweetest lid in the league
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 Posted: Thu Jan 10, 2008 2:36 pm Post subject: Court rules Aquilini still owns Canucks |
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http://tsn.ca/nhl/news_story/?ID=226948&hubname=
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The B.C. Supreme Court has ruled Francesco Aquilini still owns the Vancouver Canucks National Hockey League franchise outright.
Justice Catherine Wedge has ruled there was no partnership or joint venture between Aquilini, Tom Gaglardi and Ryan Beedie.
Wedge wrote in her ruling released today that even if there was a partnership, it ended in March 2004.
Wedge ruled Aquilini owed no ethical duty to Gaglardi and Beedie to refrain from competing with them for the opportunity to buy the hockey team.
The three millionaires fought a bitter five-month trial over the partnership in which Gaglardi and Beedie claimed their former partner went behind their backs to buy half the team for $250 million.
Gaglardi and Beedie wanted the court to force then-owner John McCaw to accept their offer for half the team, a suggestion Wedge rejected. |
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