Comparing the dispute to a messy divorce, Jason Wadden, a lawyer for Rivett, suggested cooler heads are prevailing.
At the brief hearing, Robert Thornton, a lawyer representing Bitove, agreed that both sides were moving to a private mediation and adjudication process rather than the forced auction of assets sought by Rivett’s lawsuit. The change in mood also signals that Torstar probably won’t be sold for parts at a court-enforced auction.Article content
Jordan Bitove, left, and Paul Rivett bought media company Torstar in 2020, but the partnership is now in ruins.“Starting in or about March 2022, the relationship between Rivett and Bitove began to break down and has now been irrevocably impaired,” says Rivett’s lawsuit. After publicly airing their headline-grabbing dirty laundry, the partners decided to shut the laundry room door.
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