The two sides of a recent lawsuit were involved in one real estate development in Prince George and one in Abbotsford.Earlier this month, the Supreme Court of British Columbia published a judgement pertaining to a dispute between long-time friends over a real estate investment and development opportunity.begins with a summation of the case, saying in the very first sentence that "This is a case about a real estate development project gone terribly wrong.
The first was an 143-acre property in Prince George, at the south end of Sylvia Road about 20 kms southwest of downtown Prince George. The second was a 153-acre property at the top of Sumas Mountain in Abbotsford, with no direct road access but in decent proximity to Taggart Road. Several months into the project, to keep the charade going, Jozsef Horvath asked the site manager he hired for the Prince George project, Dennis Voss, to provide an invoice for his services that overstated the real amount, so he could then pass it on to Guo.
Kirchner described Guo and Horvath as "patently unreliable," but also called into question some testimony provided by Wang, who appeared to have memory lapses pertaining to several details. Wang and Tian also testified that at this dim sum meeting, Guo and Xie tried to convince them to make the investment and that Xie went as far as to personally guarantee their investment. Justice Kirchner also questioned whether this occurred, in part because he questions whether the meeting even occurred, but also because it was not clear Wang and Tian asked for Xie's guarantee in writing, as one would reasonably expect in that circumstance.