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Utah-based company wins auction to buy Jay Peak in Vermont
Legal PR |
2022/09/08 19:58
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Utah-based Pacific Group Resorts, Inc., which owns five ski resorts, has won the auction to buy Jay Peak Resort, the Vermont ski area that was shaken by a massive fraud case involving its former owner and president.
The court-appointed receiver who has been overseeing Jay Peak for more than six years announced Thursday the results of Wednesday’s auction, with Pacific Group Resorts making the highest and best bid among the multiple bidders. The offer was not disclosed.
“We are pleased an experienced operating company like Pacific Group Resorts ended up with this great asset,” receiver Michael Goldberg said in a statement.
A federal court must approve the bid and a hearing is tentatively scheduled for Sept. 16, according to Goldberg. The sale is expected to close before the upcoming ski season, Goldberg said.
Pacific Groups Resorts, which owns Ragged Mountain Resort in New Hampshire and Powderhorn Mountain Resort in Colorado, as well as properties in British Columbia, Virginia, Maryland, had originally offered to buy Jay Peak for $58 million. Goldberg wanted to be able to continue to market the resort, and if there were qualified bids to hold an auction “in order to assure the highest and best offer,” according a court filing last month.
Vern Greco, PGRI’s president and CEO, said the company started pursuing the acquisition over three years ago.
“Jay has a high quality team of dedicated employees who have weathered the uncertainty of the receivership for a long time,” he said in a statement. “We look forward to bringing renewed stability to the property and its staff, we’re enthusiastic about the prospects for the resort, and we are delighted to be in Vermont which is an important market for any mountain resort operator.”
Former Jay Peak owner Ariel Quiros, former president William Stenger and Quiros’ adviser William Kelly were sentenced this spring to federal prison for their roles in a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors’ money raised through a special visa program.
The U.S. Securities and Exchange Commission and the state of Vermont also alleged in 2016 that Quiros and Stenger took part in a “massive eight-year fraudulent scheme” that involved misusing more than $200 million of about $400 million raised from foreign investors for various ski area developments through the same visa program.
They settled civil charges with the SEC, with Quiros surrendering more than $80 million in assets, including Jay Peak and Burke Mountain ski resorts.
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Probation for woman who wiped up blood after killing spouse
Legal PR |
2022/08/08 02:37
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A Florida woman who was acquitted of murdering her husband, a prominent official at the University of Central Florida, was sentenced Friday to a year of probation for tampering with evidence.
A judge sentenced Danielle Redlick in state court in Orlando.
Last month, a jury acquitted Danielle Redlick of second-degree murder in the death of her husband, Michael Redlick. Danielle Redlick said she had killed her husband out out of self-defense during a fight inside their home in which he had tried to “smother her to death.”
Jurors found Danielle Redlick guilty of evidence tampering for cleaning up her husband’s blood after stabbing him. Detectives found a pile of bloody towels, a bloody mop, bloody footprints and the strong smell of bleach in the house. She spent three years in jail prior to the trial.
Michael Redlick was the director of external affairs and partnership relations for the DeVos Sport Business Management Program at the University of Central Florida. He had previously worked for the Indianapolis Motor Speedway, Cleveland Browns and Memphis Grizzlies.
Court records showed that the Redlicks had been going through a divorce before the case was dismissed from a lack of action by Danielle Redlick, who initiated the court proceeding.
In a divorce petition, Danielle Redlick said the marriage was “irretrievably broken” and she was asking for alimony because she said she was unable to support herself without assistance. She listed herself as an unemployed photographer and multimedia professional. |
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Abortion clinic goes before judge to challenge WVa ban
Legal PR |
2022/07/18 19:44
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West Virginia’s only abortion clinic was going before a county judge on Monday to ask that an 1800s-era law be thrown out so the facility can immediately resume abortions.
The Women’s Health Center of West Virginia suspended abortion services on June 24, the day the U.S. Supreme Court overturned Roe v. Wade. The state has an abortion ban on the books dating back 150 years that makes performing or obtaining an abortion a felony, punishable by up to a decade in prison. There is an exception for cases in which a pregnant person’s life is at risk.
The ACLU of West Virginia has argued on the clinic’s behalf that the old law is void because it hasn’t been enforced in more than 50 years and has been superseded by a slew of modern laws regulating abortion that acknowledge a woman’s right to the procedure. One example is West Virginia’s 2015 law, which allows abortions until 20 weeks.
In motions before Kanawha County Circuit Court Judge Tera L. Salango in Charleston, the Women’s Health Center’s attorneys said abortion services are essential health care, and the state’s most vulnerable residents are put at risk every day they don’t have access to that care.
Staffers have canceled dozens of abortion appointments, fearing they or their patients could be prosecuted under the old statute. “When it was in effect, the statute was used to criminalize both people who seek and provide abortion care,” the ACLU said.
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California governor backs plan to pay for some abortions
Legal PR |
2022/05/12 15:57
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California taxpayers would help pay for abortions for women who can’t afford them under a new spending proposal Gov. Gavin Newsom announced Wednesday to prepare for a potential surge of people from other states seeking reproductive care if the U.S. Supreme Court overturns Roe v. Wade.
California already pays for some abortions through its Medicaid program, the taxpayer-funded health insurance plan for the poor and the disabled.
But some women don’t qualify for Medicaid and don’t have private health insurance. When that happens, clinics will sometimes perform abortions for free, known as “uncompensated care.” Wednesday, Newsom said he wants the state to give $40 million worth of grants to clinics to help offset those costs.
An abortion can cost between a few hundred dollars and a few thousand dollars in California, depending on how far along the pregnancy is and what kind of insurance a patient has.
“California will not stand idly by as extremists roll back our basic constitutional rights; we’re going to fight like hell, making sure that all women – not just those in California – know that this state continues to recognize and protect their fundamental rights,” Newsom said in a news release.
While the grants could potentially pay for abortions for women from other states, the money would not pay for those women to travel or stay in California.
A bill in the Democratic-controlled state Legislature would set up a fund to help pay for the logistics of getting an abortion in California, including things such as travel, lodging and child care. The California Legislative Women’s Caucus has asked Newsom for $20 million to put into that fund. But Newsom’s announcement on Wednesday did not include that money. |
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Kansas AG asking judge to dismiss redistricting lawsuits
Legal PR |
2022/03/09 18:06
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Attorney General Derek Schmidt is asking a Wyandotte County judge to dismiss two lawsuits filed over new Kansas congressional district lines enacted by Republican lawmakers.
Schmidt’s request Monday came three days after the Kansas Supreme Court refused to dismiss the lawsuits and another in Douglas County at the Republican attorney general’s request.
Democrats and the voting-rights group Loud Light argue that the congressional redistricting law enacted over Democratic Gov. Laura Kelly’s veto represents partisan and racial gerrymandering. They say it violates the Kansas Constitution. They’re suing Secretary of State Scott Schwab and county election officials because they would administer the new law.
The map makes it harder for the only Kansas Democrat in Congress, Rep. Sharice Davids, to get reelected in her Kansas City-area district.
Schmidt and fellow Republicans argue that the new map isn’t gerrymandering and even if it were, state courts have no power under the Kansas Constitution to rule on congressional districts.
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