The Globe and Mail reports in its Friday edition that the monitor overseeing the sale of former Hudson's Bay leases has recommended the court reject a deal to sell 25 store locations to B.C. billionaire Weihong (Ruby) Liu. The Globe's Susan Krashinsky writes that in a report filed with the Ontario Superior Court of Justice on Wednesday night, monitor Alvarez & Marsal wrote that Ms. Liu's business plan for launching a chain of department stores named after herself "is not sufficiently developed or realistic," and comes with the risk that the new retail business "will be insolvent in the near term." Ms. Liu, the owner of real estate investment company Central Walk, based in Nanaimo, B.C., has already taken over three Hudson's Bay leases. Because those stores are located in malls that Central Walk owns, the $6-million deal faced no opposition and was approved by the court. But the plan for the rest of the stores, for which Ms. Liu has offered $69.1-million, has faced fierce opposition from most of the landlords, and from some Hudson's Bay lenders, who have asked the court not to approve it. Ms. Liu wants to open "Ruby Liu" department stores in 25 locations. Primaris is among the landlords objecting to Ms. Liu's plans.