Allied-Lyons filed suit against Hiram Walker.
- Share via
The British firm is seeking to force Hiram Walker Resources to sell its liquor business to Allied-Lyons and asks for the equivalent of $720 million in punitive damages. Hiram Walker initially agreed to sell its liquor unit for about $2 billion but later withdrew from the agreement after being taken over by another company, Gulf Canada Corp., in April. The lawsuit, filed in Ontario, Canada, also asks for monetary damages to compensate for the sale’s delay.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.