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by Mike Caswell

North Vancouver promoter Walter Berukoff, who has held roles with many TSX Venture Exchange listings, has filed a defamation lawsuit in the Supreme Court of British Columbia over a real estate project. He says that a developer has been circulating an e-mail that accuses him of an attempt at extortion. The accusations are entirely false, and are part of an effort to undermine his credibility, he contends.

Mr. Berukoff's allegations are contained in a notice of claim that his lawyer filed at the Vancouver courthouse on Thursday, Oct. 29. The only named defendant is Ryan Deakin, a real estate developer who has been behind several projects in North Vancouver. The suit also lists two unknown defendants, a John Doe and a Jane Doe.

The case stems from Mr. Deakin's work in developing a new location for St. Alcuin College, a private school. The project is undergoing a municipal approval process, with that process including public input. Mr. Berukoff has been one of the project's opponents and has been supporting a petition that opposes the project. (Mr. Berukoff does not explain his reason for opposing the project, but he does say that he has been developing a residential rental project on adjacent land. The project is near Lonsdale Quay, where Mr. Berukoff's Red Lion Management has its office.)

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