MLG CEO Steve Stavro was handed "another setback" in his bid
to hold onto the Maple Leafs and its arena, according to William
Houston of the GLOBE & MAIL.  On Friday, an Ontario judge
certified a lawsuit against Stavro and his acquisition company,
MLG Ventures, as a class-action proceeding.  The decision means
that MLG shareholder Gwen Maxwell, who brought suit against
Stavro and MLG Ventures, will represent all Maple Leaf Gardens
Ltd. stockholders who sold their shares to MLG Ventures, based on
the company's public offering of April, 1994.  Among the
complaints is that Stavro may have misrepresented the stock value
of Maple Leaf Gardens Ltd.  Maxwell is seeking C$13.6M in damages
on behalf of all former MLG Ltd. shareholders who sold their
stock to MLG Ventures.  The Ontario Public Trustee also is suing
Stavro to have his purchase of the MLG Ltd. shares belonging to
the Harold Ballard estate, about 60% of the company's total
stock, cancelled.  That case is scheduled to go to trial in
September (Toronto GLOBE & MAIL, 4/29).
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