The former owner of Vermont’s Jay Peak resort is fighting claims from a court-appointed receiver that it should pay millions in damages as part of a settlement.

The Caledonian-Record reports Canadian Saint-Sauveur Valley Resorts, Inc. says the federal receiver in the case assumed liability when he took over in 2016.

SSVR says the settlement would prevent the company from filing its own claims against the businessman who bought the ski resort.

Source: https://www.insurancejournal.com/news/east/2019/03/19/521051.htm

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