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Offer made to buy Burke Mountain ski resort; auction may follow

Michael Goldberg, the court-appointed receiver in charge of overseeing Burke Mountain ski resort, submitted a recent court filing, stating that he hopes a sale of the Northeast Kingdom property would take place later this year.

Defrauded Jay Peak investors in line for payments to cover about 22% of their losses

Michael Goldberg, Jay Peak’s court-appointed receiver, is set to begin doling out $60 million from the sale of the resort to 529 defrauded investors.

November News in Brief | Vermont Business Magazine

November News in Brief | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

After debts and costs are paid, Jay Peak Resort s $76M winning bid leaves $67M for defrauded EB-5 investors

With the sale finalized, Pacific Group Resorts takes ownership of the Northeast Kingdom ski area as it emerges from a financial scandal that landed its past owner and company president in prison.

Pacific Group Resorts completes purchase of Jay Peak Resort | Vermont Business Magazine

Pacific Group Resorts completes purchase of Jay Peak Resort | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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