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Old April 26th 16, 10:02 PM posted to rec.skiing.alpine
Richard Henry
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Posts: 3,756
Default Jay and Burke in trouble?

And more bad news - the receiver says there is not enough money in the bank to stay open over the off-season.

The resort is faced with a "daily barrage of demands for payment" from hundreds of vendors - from soda distributors to Internet providers - who are owed money.

The 52-year-old gondola system must be repaired and the price tag for that expense is $4.1 million. Half of the payment would be due in the next four months


http://vtdigger.org/2016/04/26/goldb...nancials-dire/

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