Shindico execs, real estate broker must divide properties court ruling

Image for article Shindico execs, real estate broker must divide properties court ruling
News Source : CBC News

News Summary

  • John Pearson of ICI Properties is entitled to three of seven properties he co-owns with Shindico's Sandy and Robert Shindleman.
  • The seven properties have a total value of more than $150 million, the ruling said.
  • Pearson sued the two brothers after he ended an agreement that had established a real estate brokerage association with them in 2022.
  • He said his decision was partly due to "negative attention" the Shindlemans were getting amid allegations they were involved in political corruption.
Executives at Winnipeg commercial real estate firm Shindico must divide some of their assets with a broker who was their business partner for more than two decades, a Manitoba judge has ruled.John [+2460 chars]

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