on Friday. It is an auto-response that the company initiated for media inquiries last month, which Mr. Musk tweeted about on March 19, then deleted thereafter.Romspen Investment Corp., one of Canada’s largest private mortgage lenders,allegedly totalling $333-million. According to Tim Kiladze, Romspen has asked the Ontario Superior Court to appoint a receiver to take control of three properties in Toronto – Woodbine Mall, Rexdale Mall and 1500 Birchmount Rd. – that underpin the distressed loans.
He originally defaulted on multiple Romspen loans in 2018, according to court filings, but signed a forbearance agreement with the lender at the time and has since sold six properties, remitting $222-million worth of proceeds to Romspen. The alleged $333-million still owed to Romspen is over and above the $222-million already remitted.The pandemic’s biggest long-term impact may be on where we work, writes Tony Keller.