Bankruptcy Agreement Gives Control of Montana’s Moonlight Basin Ski Resort to Investment Bank

Butte, MT – Moonlight Basin and Lehman Brothers submitted a plan to U.S. Bankruptcy Court on Friday under which the New York investment bank will take control of the Montana ski and snowboard resort located in Big Sky. The settlement, submitted to U.S. Bankruptcy Judge Ralph Kirscher in Butte, arises out of a $100 million … Continue reading Bankruptcy Agreement Gives Control of Montana’s Moonlight Basin Ski Resort to Investment Bank

Tamarack Ski Resort, Yellowstone Club Owners Seek to Join Lawsuit Against Credit Suisse

Boise, ID – Owners of both Tamarack Ski Resort in Idaho, and Montana’s exclusive Yellowstone Club private ski resort have filed a lawsuit against Credit Suisse, contending that the giant lender engaged in predatory loan practices. In the lawsuit filed last Friday in U.S. District Court in Boise, Yellowstone Club founder Tim Blixseth, and Alfredo … Continue reading Tamarack Ski Resort, Yellowstone Club Owners Seek to Join Lawsuit Against Credit Suisse

Two New Ski Lifts, New Base Lodge Highlight Squaw’s $50M Improvement Plan

Squaw Valley, CA – Officials at Squaw Valley USA on Tuesday announced the details of the Lake Tahoe area ski and snowboard resort’s five-year, $50 million capital improvement plan that will add dramatic improvements to the ski area, both on and off the mountain. Plans include everything from new food and hospitality offerings to new … Continue reading Two New Ski Lifts, New Base Lodge Highlight Squaw’s $50M Improvement Plan

Garmont’s New President Relocating Company

Williston, VT – Garmont North America today announced the alpine touring and telemark ski boot manufacturer’s relocation of its North American headquarters from this suburb of Burlington, Vt., to Portland, Ore. The goal of the relocation is to elevate the brand’s profile in the North American outdoor market, and to tap into the strategic benefits … Continue reading Garmont’s New President Relocating Company