A little bit of leverage always helps grease the wheels of any deal.

If they disagree on so much why'd they ever get into business together?

The Japanese father was making decisions now it is the son.

Ecoasis knew the jig was up three weeks ago, they stopped construction on the new cart storage and cancelled their sea can purchase. They also cancelled their meeting with BC Hydro about providing power to the new construction.

Sanovest will win the day, and will enter into a commercial lease with the Hotel and have a joint marketing agreement. It will be good.

The Supreme Court of ­British Columbia has appointed a receiver to oversee operations of the companies that own and operate Bear Mountain Resort, where partners have been at odds over how the property is being managed and its land is developed.

In a decision on Wednesday, the court gave Alverez & Marsal Canada Inc. the authority to manage the business and take control of the finances of Bear Mountain, which under Ecoasis Developments has hundreds of acres of undeveloped lands as well as two golf courses and tennis facilities on Skirt Mountain in east Langford and the Highlands.

Sanovest Holdings Ltd. and 599315 B.C. Ltd., headed by chief executive Dan Matthews, are equal partners in ­Ecoasis ­Developments LLP, which was formed in 2013 under the ­company name Ecoasis Bear Mountain Developments Ltd.

Sanovest, which holds a $62-million loan on the Bear Mountain lands, asked B.C. Supreme Court to appoint a receiver after Ecoasis Developments LLP failed to pay off the loan in full by May 1.

Sanovest claimed in filings last spring there was a breakdown in trust between the two controlling partners — ­Sanovest director Tian ­Kusumoto and Matthews, chief executive of Ecoasis Bear ­Mountain Developments.

https://www.timescolonist.com/business/court-appoints-receiver-to-manage-bear-mountain-9549054

$7,990,000

Claire Group & Cushman & Wakefield are excited to present investor with a remarkable opportunity to purchase this expansive 18+ acre land parcel situated on Bear Mountain in Langford, BC. This property hold significant potential for redevelopment into a distinctive neighborhood featuring a mix of apartment buildings, townhouses, and detached homes. Prospective buyers are encouraged to engage with the City of Langford to verify and discuss their redevelopment intentions.

https://www.realtor.ca/real-estate/28502699/2400-echo-valley-dr-langford-bear-mountain