More coverage about the 1 Bloor development. Today, Bazi’s issued a news release that clarified their position on the legal battle that is taking place between them and their loan holders. What’s surprising is the news release leaked out the name of their hotel partner – Sofitel.

More information is found at the Toronto Star, including Bazi’s press release.

Given the recent financing, legal and public relations challenges currently affecting Bazi’s, I would not be surprised if some of their retailers and even Sofitel pull their support if a resolution is not found quickly.