Hollinger Sues CIBC, Scotiabank, TD Bank

Bloomberg, Joe Schneider and Doug Alexander, 5 July 2007Hollinger Inc. sued three Canadian banks, accusing them of securing loan repayments while aware its former Chairman Conrad Black was improperly siphoning money to companies he controlled.Hollinger sued the Canadian Imperial Bank of Commerce, Toronto-Dominion Bank and the Bank of Nova Scotia to recover C$65.2 million ($61.7 million) that the