TORONTO — Hudson's Bay landlords were back in court Friday, where they argued a B.C. billionaire doesn't have the cash needed to launch a new retailer.

Ruby Liu wants to buy 25 Bay leases for $69.1 million to open a new department store named after herself. Court has already approved a separate purchase of three Bay leases in malls she owns for a total $6 million.

The Bay wants to sell her the leases because it will help the retailer repay some of the roughly $1 billion it owes creditors. Its says the larger Liu deal is the "last path to realizing any value for the company’s 98 leases.”

However, prominent landlords, including Cadillac Fairview, Oxford Propeties and Ivanhoé Cambridge, vehemently oppose sale and for a second day in a row were in court Friday asking a judge not to force th

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