Complaints about RWC/SID Development/Management

This Is A Privately Owned And Secure Website. It Is NOT Associated With The SID Family Or Any Of It's Known Associates. To the best of my knowledge all information presented on this website is 100% accurate and contains no false or misleading information. You may contact me at any time via the supplied email address at the bottom of this page.

• CEO OF SID DEVELOPMENTS ROBERT CLARK, REAL OR FAKE? (click for article) or - 5 stars are easy when you pay for them yourself -

3 Landlords Among Largest Real Estate Holders In Ontario Owe $144M, Under Bankruptcy Protection.
The investors, based in the Hamilton area, face 32 creditor lawsuits for unpaid loans.

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A small group of landlords who own hundreds of rental properties across the province have run out of money, owe over $144 million in unpaid loans and face dozens of lawsuits from creditors, according to documents filed with the Ontario Superior Court of Justice. Dylan Suitor, Ryan Molony and Aruba Butt are behind 11 now-insolvent corporations that face a "liquidity crisis" with only $100,000 in the bank, the documents say .......... (Click for full article)

Former YTV Child Actor’s Northern Ontario Real Estate Empire Files For Insolvency.

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A sprawling real estate investment enterprise in Northern Ontario run by a former child actor has filed for creditor protection as it struggles to pay off debts of $144-million, largely from hundreds of individual private lenders including some who used retirement funds .......... (Click for full article)

ADDITIONAL NEWS ARTICLES

• Court Extends Creditor Protection For Insolvent Out-of-town Landlords
• Still No Running Water At Gore Street Building Tenant Says
• Tenant Lives In Fear After Squatters Claim Gore Street Building.
• Out-Of-Town Landlords Causing Headaches In Sault Ste. Marie.
• Exclusive High Profile Toronto Developer Has Bought Dozens Of Homes In The Sault.
• Out-of-town companies that own dozens of Sault houses file for creditor protection.
• Court docs reveal landlord hit with $140K in fire code fines.
• Insolvent out-of-town landlords owe $600K in city tax arrears.
• Ontario landlords seek creditor protection amid $144m debt crisis.
• Broker tied to real estate companies run by former child actor facing multiple lawsuits.
• Out-of-town landlords with 78 rental units in Sudbury insolvent.
• Court boosts monitor’s powers to investigate insolvent rental firm.
• Real estate group with Sudbury holdings files for bankruptcy.
• Ontario landlords flaunted lavish lifestyle as business began to crumble.
• 3 Ontario landlords hoarding hundreds of units allegedly owe more than $150M.
• Insolvent Burlington company selling off Sault Ste. Marie properties.
• Ontario landlords who owe investors $144M 'misappropriated' funds for 'extravagant' expenses: court report
• SID Management - Fourth Report of KSV Restructuring Inc. as CCAA Monitor



NOTE: SID Developments was previously known as RWC Management

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