Wednesday, August 08, 2007

He Certainly Isn't His Dad

And that is true of many of the offspring of successful and wealthy people. David is no Trump........

Harry Stinson's nightmare
His patience expired, David Mirvish goes to court to get his millions back
August 08, 2007

Business columnist

"Unfortunately, I have lost a great deal of money, and I have lost all confidence in Mr. Stinson as a person with whom to do business. Unfortunately, he is not competent to run the businesses operated by SHI and Club Corp."

–Affidavit of David Mirvish

David Mirvish is calling on his cell. The reception isn't great, but then, Mirvish would prefer to say little at this juncture.

At the end of last week, just as the city was downing tools for a summer's long weekend, Mirvish filed a notice of motion in Superior Court seeking to have Harry Stinson removed from the operations at 1 King West.

Seeking to have a receiver step in and supplant Stinson Hospitality Inc., which manages the hotel component at 1 King.

Seeking to have certain properties within the development, including the club facilities, turned over to K One Holding Inc., a.k.a. David Mirvish.

Seeking, not to put too fine a point on it, to see the end of Harry Stinson.

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