Category Archives: Uncategorized

It is vital that you contact the BC Security Commission if you have lost money with League. Here is a recent email with details you should provide and contact information: My questions to you are: 1)      Confirm the amount and types … Continue reading →

Below is what Manny Arruda sent to the concerned investor group recently, after the League story was widely reported in the Globe & Mail (article below, too). To become a member of this group email to leagueinvestors@gmail.com or contact Rachelle … Continue reading →

Just in case you are wondering where all the money went that Adam Gant and his trust collected over the years for fees: 335613, 7756 West Saanich Rd, Central Saanich, British Columbia V8M1R8 7756 West Saanich Road, Central Saanich 335613, … Continue reading →

PWC reports on League can be found here: http://www.pwc.com/ca/en/car/leagueassets/index.jhtml The latest 6th report can be found here:http://www.pwc.com/en_CA/CA/car/leagueassets/assets/leagueassets-154_112113.pdf Court orders are here: http://www.pwc.com/ca/en/car/leagueassets/court-orders.jhtml Adam Gant is to be removed as CEO but may be retained as a consultant. Certain assets are … Continue reading →

PWC reports on League can be found here: http://www.pwc.com/ca/en/car/leagueassets/index.jhtml The latest 4th report can be found here: http://www.pwc.com/en_CA/CA/car/leagueassets/assets/leagueassets-131_111913.pdf It shows the amount of money raised from investors as exceeding $350M with $60M of net assets after deducting all secured debt … Continue reading →

It is amazing what a mess one man can leave behind. The list of trade creditors http://www.pwc.com/en_CA/CA/car/leagueassets/assets/leagueassets-022_10232013.pdf is six pages long and totals over $15M, and of course it does not include the IPU holders nor the equity investors nor … Continue reading →

League filed for bankruptcy protection the week of Oct. 17, 2013. More here: http://www.pwc.com/ca/en/car/leagueassets/index.jhtml or here: http://www.landlordrescue.ca or here: http://www.greaterfool.ca/2013/10/20/carrion/ or here: http://www.theglobeandmail.com/search/?q=IGW or here: http://www.timescolonist.com/investors-in-league-group-fear-millions-in-losses-from-capital-city-centre-in-colwood-1.667673 As shown here and elsewhere quite a while ago, the production by the actor Manny … Continue reading →

The BC Security Commission and League settle charges in a white glove agreement over allegations that LISI, the EMD selling League securities did not disclose its relationship to League Asset Management. http://www.bcsc.bc.ca/comdoc.nsf/comdoc.nsf/webpolicies/082ACB2DEB53169388257BF7006E5BFE?OpenDocument Adam Gant and Manny Arruda laugh all the … Continue reading →

Please update this post with all information not related to IGW REIT or Colwood as I lack the time and knowledge to research them all.   (Note: I did some research for friends two or so years ago to analyze … Continue reading →

If you feel you have been misled by Adam Gant, Manny Arruda, their VP Sales or the sales people licensed under LISI (League Investment Services Inc.) please contact: The BC Security Commission with details on your investments, including the sales … Continue reading →

Courtesy of Rachelle Barber over at landlordrescue.ca I have copied this in here, without verifying it yet. Any other input by investors, say on the condo projects in Alberta or Ontario, or other LPs is appreciated. 2013 Dispositions On January … Continue reading →

League is trying to take the mess they created public, thus allowing white washing their “investments” into worthless shares. As you can see, the fees are generous. League is not about investors, it is about fee extraction. It is about … Continue reading →

Below are judgements, law suits and allegations against League Assets, Emanuel (Manny) Arruda and Adam Gant. Two judgements .. and one involving GST misrepresentation, plus various mortgages in arrears or in dispute. This on top of all equity already lost … Continue reading →

What is the true value of the new League entities proposed to the OSC ? The whole point of my initial blog was to show that the NAVs of both the IGW REIT and the Colwood LP are highly inflated. … Continue reading →

Interesting proxy battle shaping up between League and Partners REIT (PAR.un). http://www.stockhouse.com/news/canadianreleasesdetail.aspx?n=8854980 Adam Gant is an ambitious fellow and correctly saw that buying Charter REIT around 2009 when most stocks worldwide traded at a discount made more sense than buying … Continue reading →

League had originally answered my blog here (but has later removed content of this link ): http://bp01.league.ca/2011/12/01/bp01/ I question the appraised value of $150,000,000 on essentially raw land with plans only. Therefore I question the security of new investments into … Continue reading →

Are IGW REIT’s distributions sustainable ? Is this a good investment ? I would say: NO. My opinion: If you have an investment: get out as the units are worth far less than $1 because the pricing NAV is not … Continue reading →

League Assets, and affiliated firms,  co-owned by Adam Gant and Emanuel Arruda, operate a number of limited partnerships (LPs) with generous fees. This allows Adam Gant, CEO of League, to live in style, namely in this 13 acre sprawling mansion … Continue reading →