Billionaire businessman Frank Stronach, who is awaiting trial on more than a dozen charges related to sexual assault, is denying the allegations contained in a civil lawsuit from a woman who alleges he sexually assaulted her decades ago.

The woman has alleged Stronach assaulted her when she was a student sponsored by Magna, the auto parts company he founded.

In a statement of claim filed in June, Jane Boon alleges Stronach sexually assaulted her at a company guest house in December 1986 after plying her with alcohol during a corporate party in Toronto.

She also alleges Magna knew Stronach, who was the company's controlling shareholder and director at the time, posed a risk to female students receiving sponsorship and took no steps to warn or protect her.

In a statement of defence filed

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