Toronto actually failed to finish that season. The courts ruled that they had poached Eddie Livingstone's contracted players and arena lease, and the team filed for bankruptcy to avoid paying damages. After that, Livingstone sued the Arena Company, which owned the defunct franchise.
With only two teams left to finish the schedule, the regular season was called off early (each team having played 18 games out of the scheduled 20). The Canadiens and Senators played hockey's first-ever best-of-7 series to determine which team would represent the NHL in the Stanley Cup challenge.
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