RE: Decision in favour of Orca Bay in Blue Line Hockey Acquisition Co.,
Inc. v. Orca Bay Hockey Limited Partnership, 2008 BCSC 27
VANCOUVER, Jan. 10 /CNW/ - John E. McCaw, Jr. will not be available to
speak with media, but provides the following statement:
We are pleased with today's ruling as it confirms what we have believed
from the outset of these proceedings. The court's decision concludes that my
business associates and I at all times acted properly and in good faith in our
dealings with the plaintiffs and that the allegations made against us by the
plaintiffs were completely unfounded.
It is unfortunate that this lawsuit has consumed a large amount of time
and resources over the past three years and cast needless uncertainty over the
future of the Vancouver Canucks' franchise.
The court's ruling affirms that we acted with good intentions and
integrity in our efforts to find a local buyer for the team.
We hope that the court's decision provides closure and sets a course of
stability for the Vancouver Canucks in this community.
For further information:
For further information: Nancy McHarg, (604) 742-4260