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UK Court Convicts Two Men in Deadly IS-Inspired Plot Against Jewish Community

mar Hussein (left) and Walid Saadaoui (right) have been found guilty of preparing acts of terrorism. Bilel Saadaoui (centre) was found guilty of failing to disclose information about acts of terrorism.  Two men have been found guilty of preparing acts of terrorism in a plot to massacre hundreds of Jews in northwest England. Walid Saadaoui, 38, and Amar Hussein, 52 , were convicted at Preston Crown Court after investigators uncovered their plan to smuggle automatic weapons and ammunition into the UK. Authorities revealed that the men intended to launch a gun rampage targeting mass gatherings of Jewish people. Saadaoui had arranged for four AK-47 rifles, two pistols, and 900 rounds of ammunition to be imported, believing he was working with a fellow extremist. In reality, he was communicating with an undercover operative known as “Farouk,” who exposed the plot. Police described the scheme as potentially “ one of, if not the, deadliest terrorist attacks in UK history .” The convi...
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High-Stakes Court Clash Over Ruby Liu’s Hudson’s Bay Lease Ambitions

 

                            Billionaire Ruby Liu tours a former Hudson's Bay-owned Saks Off 5th department store.


A tense legal battle is unfolding in Ontario Superior Court over B.C. billionaire Ruby Liu’s bid to acquire 25 former Hudson’s Bay store leases for $69.1 million. Liu, who already owns three Bay leases in malls she controls, plans to launch a new department store chain under her own name, backed by a proposed $400 million investment.

However, landlords — including major property owners like KingSett Capital, Cadillac Fairview, Oxford Properties, and Ivanhoé Cambridge — argue her plan is financially unrealistic and operationally flawed. KingSett’s lawyer, Matthew Gottlieb, told the court the $400 million Liu cites is “non-existent,” noting she has refused to personally guarantee the funds and that much of her capital is tied up in companies without binding commitments to support the venture.

Landlords also point to significant losses at Liu’s existing malls and claim her renovation budgets and timelines underestimate the work needed to revive the shuttered spaces. The court-appointed monitor, Alvarez & Marsal, has recommended rejecting the deal, citing concerns over the viability of her business plan.

Hudson’s Bay, which is under creditor protection, supports the sale, arguing Liu was the highest bidder in a court-supervised process and that the deal could return up to $50 million to senior creditors. The outcome could set a precedent for future lease transfers in insolvency cases.

The hearing continues, with both sides framing the decision as pivotal — either a bold retail revival or a costly misstep.

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