Torstar Corp. co-owner Bitove makes 'no apologies' amid tension with business partner

Nordstar Capital Inc. co-owner Jordan Bitove said in a statement that he has worked to make the company resilient, more accountable and more competitive.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

The statement comes after Bitove’s business partner Paul Rivett described an erosion of the partners’ relationship in a filing to the Ontario Superior Court of Justice earlier this month and called for an asset sale to wind up the company. Rivett has asked the court to appoint PricewaterhouseCoopers to manage an asset sale to resolve the “impasse” between the two parties and says dissolving Nordstar is the only way to create a clear path forward for the companies under its umbrella, which also include Metroland Media Group and NorthStar Gaming Inc.

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Relationship breaks down between Torstar owners, one seeks order to wind up companyOne of the owners of Torstar Corp. is seeking a court order to wind up the media company.
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Relationship breaks down between Torstar owners, one seeks order to wind up companyOne of the owners of Torstar Corp. is seeking a court order to wind up the media company. Wait....based on all it's reporting i thought the government runs the toronto star. My bad. I will actually help pay their litigation fees to move that process forward Do it Torstar. Fade away.
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