Two brothers from Six Nations allege that an outsider they had brought in for fuel ventures misappropriated funds for a yacht called ‘Cuz We Can’
known as Gen7Fuel is at the centre of a “corporate divorce” involving allegations of an outstanding $35-million tax bill and an improperly acquired yacht dubbed the Cuz We Can.
The siblings say Mr. Page and others are behind these purchases and that, ultimately, he was an outsider to whom they had entrusted too much control. “From 2017 until July of 2022, Glenn Page had de facto exclusive control over all aspects of those businesses,” the lawsuit says. Mr. Page this week denied the accusations in an interview with The Globe and Mail. “It’s a lot of allegations and we categorically deny them,” he said. He will file defence documents in court in the coming days, he said. “I have worked with the Hills for some 20 years. It was a very sudden and abrupt corporate divorce, so to speak.”
Five years ago, the business partners started a fuel-blending and importation business known as Original Traders Energy. A few years ago, they agreed to spin out the Gen7Fuel brand as a nod to“As members of the Six Nations of Grand River Territory, Scott Hill and Miles Hill embrace the Haudenosaunee belief that decisions must be carefully considered regarding the next seven generations,” the suit says.
“The Indigenous participants own a majority interest in each business in return for contributing their land,” the statement of claim says. “Glenn Page and Mandy Cox own up to a 49-per-cent beneficial interest, but have complete financial and management control over all key aspects of the business.”
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