Tasha Kheiriddin

Toronto developer seeking creditor protection leaves condo buyers in limbo

Informações:

Sinopsis

A Toronto-area real estate development company that in recent months has cancelled two condominium projects has filed for court protection from its creditors after failing to make payments on about $220-million in debt obligations. The fate of two more condo projects, one completed but not closed and one at least partly pre-sold to buyers, remains undetermined. Denise Lash, of Lash Condo Law join's Tasha to discuss.