The BID Group of Companies has withdrawn its application to have a lawsuit brought by Commonwealth Campus Corp. dismissed.
According to a requisition filed Tuesday at the Prince George courthouse, BID cancelled a hearing on the matter that was scheduled for this coming Monday.
Last week, BID had applied to have the case dismissed because Commonwealth had failed to provide a list of documents related to the case.
Details as to why BID has withdrawn the application were not made in the requisition, which was limited to asking the court to generally adjourn the hearing, but it appears Commonwealth has since complied with the request.
The two are at odds over a failed deal involving land adjacent to the Wood Innovation and Design Centre at Fourth and George St. downtown.
Commonwealth claimed BID reneged on a promise to buy the land for $4.1 million and, in response, BID has replied that the transaction was subject to making the short list of proponents competing for the contract to construct the WIDC, which did not happen.
Commonwealth is seeking a court order forcing BID to either live up to the agreement and cover the cost of damages caused by the delay, or to allow Commonwealth to keep a $150,000 deposit and have BID pay damages for breach of contract.
Meanwhile, a loan foreclosure proceeding Northern Development Initiative Trust launched against Commonwealth in November also remains before the court. The loan is related to the land assembly Commonwealth did on behalf of the provincial government prior to the start of the WIDC project.
