Billionaire Ruby Liu's plan to buy 25 Bay leases for $69.1-million has faced opposition from one of the retailer’s biggest lenders and most of its landlords.

The court-appointed monitor overseeing Hudson’s Bay’s creditor protection case says it’s against landlords being forced to accept a B.C. billionaire’s plan to buy more than two dozen of the retailer’s leases.

In a new court filing made overnight, Alvarez & Marsal says it does not agree that landlords should be forced to accept Ruby Liu as a tenant even while it says it supports the sales process that ended with her chosen to buy 28 of the Bay’s leases.

Liu purchased three Bay leases at her own B.C. malls for $6-million, but her deal to buy the other 25 for $69.1-million has faced opposition from one of the retailer’s biggest

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