UPDATED: Ottawa Senators owner Eugene Melnyk hit with $1 billion-plus counterclaim over 'failed' downtown arena bid

John Ruddy and Trinity Developments have fired back at business partner Eugene Melnyk in a counterclaim for more than $1 billion, alleging the hockey magnate’s Ottawa Senators-affiliated company is on shaky financial footing and has been the main reason why their LeBreton Flats redevelopment partnership is ruined.
Ruddy’s lawyers filed his statement of defence and counterclaim Tuesday in response to a $700-million lawsuit filed last month by Melnyk’s Capital Sports Management I