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Forest Hill Chase

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1960

    Development financing and receivership crisis

    Forest Hill Chase’s original development was disrupted by the bankruptcy of key backer Stanley Korman and financial and legal difficulties involving Raymond Borg of Payne’s Properties. Reid-Murray Holdings, the parent company associated with Payne’s Properties, subsequently entered receivership-related proceedings, leaving the centre unfinished for several years.

    Source