Friday, November 02, 2007

Sears sues university to get name on building

Sears sues university to get name on building: "Ted Rogers, founder of Rogers Communications Inc., paid $15-million to see his name immortalized above the door at Ryerson University's business school. Sears Canada says it donated $10-million to Ryerson for a similar honour, and got a lowly plaque instead. Now, the retailer is suing the downtown Toronto university over what it claims is a long-standing -- and so far unfulfilled -- promise to name an academic building after the company. In what may be a legal first, Sears wants a Toronto court to make Ryerson follow through on the alleged naming agreement, or pay unspecified damages for breach of contract."

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