Company Connected to Oilers Ownership Launches Lawsuit Against Charity
A company connected to the ownership group of the Edmonton Oilers has launched a lawsuit against a charitable organization over a donation. The charity, Boyle Street Community Services, provides service to the home population of Edmonton.
As reported by CBC, ICE District Corporation, A subsidiary of Katz Group, which owns the Edmonton Oilers and Rogers Place, says it should not have to make a promised $5 million donation to a new location for Boyle Street Community Services because there was a breach of contract. The community services organization claims the company was only in it for a piece of property.
Meanwhile, Boyle Street argues in its own filings that the Katz Group is trying to get out of its commitment to help with the relocation now that it has acquired the downtown property it repeatedly offered to buy from the social agency." - CBC News Edmonton
ICE District is a development in downtown Edmonton that includes condos with easy access to Rogers Place, a restaurant and entertainment area, and other amenities. It is part of the Katz Group of Companies owned by Darryl Katz, the owner of the Edmonton Oilers, and a real estate developer and investor.
As it stands right now, Boyle Street Community Services has filed a response to Katz Group's lawsuit, with Katz Group then filing a response to the response denying the claims in the original from Boyle Street. No word on when the case might go to court.
Source: CBC News Edmonton
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