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Cost Of Burke Mountain, Jay Peak Receivership Approaches $8 Million

Viji Durga  November 20, 2020   comments   Fraud

EB-5, EB-5 Visa, EB-5 Investment

The Burke Select Board will retain the services of a second outside appraisal firm as well as an attorney to represent the town in the court appeal taken by the Burke Mountain Resort's attorneys to Caledonia Superior Court recently. The board made that decision at its October meeting on Monday night.

The federal receiver appointed to oversee operations and assets at Burke Mountain and Jay Peak ski resorts asked for $728,798 for the period from March 1 to August 31 of this year.

Source: https://www.caledonianrecord.com/news/cost-of-burke-mountain-jay-peak-receivership-approaches-8-million/article_24039e9c-c2a7-5d0d-a798-229d8ba4ac60.html

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