As the legal battle for control of the company which publishes the Toronto Star heads to court Monday, Star publisher Jordan Bitove sent a memo to staff vowing to protect the paper and addressing the allegation that NordStar is in default on a credit agreement.
“I have taken steps to defend against any adverse consequences that could arise from any steps taken by our lender, as a consequence of Mr. Rivett’s actions,” wrote Bitove, who’s battling Paul Rivett’s attempt to dissolve NordStar Capital, the company the pair created two years ago to buy Torstar.
Rivett didn’t immediately reply to a request for comment.
