Vail Resorts

PC VS Vail
11:49 am
Tue June 17, 2014

PCMR VS Talisker Battle Comes To An End Tomorrow

All eyes and ears will be on Third District Court judge Ryan Harris - who tomorrow is scheduled to hear Talisker Land Holding's request to evict Park City Mountain Resort from its home for the last 50 years. KPCW's Leslie Thatcher has more.

 

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Resort Battle
6:38 am
Tue June 10, 2014

Park City Watches PCMR/Vail Fight Play Out

Park City Muncipal does not have a seat at the negotiating table as Park City Mountain Resorts officials attempt to figure out how to keep the 50 year old resort open for the long term.  KPCW's Leslie Thatcher reports.

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Resort Judgement
11:20 am
Thu May 22, 2014

PCMR Has One Chance Left In Lawsuit

Park City Mountain Resort had little good news Wednesday from Third District Judge Ryan Harris, who ruled against the Resort on virtually every claim and massive opinion.

He did leave one claim partially intact, however, saying the Resort can continue to litigate there.

The Resort says it suffered financial damages relating to the lease it held on the ski mountain owned by Talisker. Although the Resort missed a deadline to renew the lease in April 2011, Talisker didn't give notice for eight months that it considered the lease to be expired. Rick Brough has more.

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Resort Judgement
11:00 am
Thu May 22, 2014

Judge To Powdr: No. Maybe. No. No. No. No. No. No. No.

As we've reported, in a major omnibus ruling issued Wednesday, Third District Judge Ryan Harris ruled on nine motions in the lease dispute between Park City Mountain Resort and Talisker/Vail.

On virtually all issues, Judge Harris ruled in favor of Talisker Land Holdings, Vail Resorts, and their affiliates. In his 82-page opinion, the Judge laid down the history of the dipute, and the reasoning behind his decisions. Rick Brough has more.

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Resort Judgement
10:35 am
Thu May 22, 2014

Vail Gets Stock Boost From Decision

Third District Judge Ryan Harris ruled in Vail and Talisker's favor on all nine legal motions before him in the three-year-old lawsuit over Park City Mountain Resort's lands.

KPCW's Larry Warren has more on the ruling, and the immediate reaction from those involved.

At the end of the stock trading day, as word of Vail's court victory was reported by KPCW, Vail's stock jumped by nearly five percent.

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Breaking
4:30 pm
Wed May 21, 2014

Judge Rules In Vail/Talisker's Favor

UPDATE 4:45PM

Vail Resorts Wednesday won its Third District Court lawsuit against Park City Mountain Resort, which contended that PCMR failed to renew its lease on ski lands at the resort.  The ruling on nine motions in the three-year old-case all favored Vail’s positions that PCMR’s lease is now expired.  Vail has already served an eviction notice to PCMR, which has ignored the eviction.

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Resort Battle
4:42 pm
Fri April 25, 2014

Cumming Responds To Katz's Public Letters

John Cumming, the CEO of Powdr Corporation, parent company of the Park City Mountain Resort, is scolding his counterpart, Vail Chief Executive Rob Katz, in a letter relased Friday.

Cummings said that Katz has misstated the facts about their legal dispute over PCMR's ski mountain, as a transparent public relations effort to pressure Powdr into a Vail takeover of the resort.

Cumming writes that exchanging letters in public is counterproductive, but he needs to set the record straight. All he tells Katz, "If you want to resolve this dispute, call me." Rick Brough has more.

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Mayor Talks
11:51 am
Mon April 21, 2014

City Braces For Possible Loss Of Resort Taxes

Park City Mayor Jack Thomas says he's hopeful the battle between Park City Mountain Resort and Vail/Talisker will be resolved, and the city stands ready to weather the storm if a settlement threatens Park City's tax base. Lynn Ware Peek has more.

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Resort Battle
4:28 pm
Thu April 17, 2014

Letter Shows Intent To Run PCMR If Vail Wins

The CEO of Vail Resorts, Rob Katz, has sent a letter to his counterpart, John Cumming, the head of Powdr Corp, saying that if - or when - Powdr loses the lease for more than 3,000 acres of its ski mountain, it's not realistic to insist that Park City Mountain Resort will continue to operate the ski area. KPCW's Leslie Thatcher has more.

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Park City Follies
2:54 pm
Fri April 11, 2014

'We Can Take It,' Says Vail's Katz About Follies

Vail CEO Rob Katz takes a selfie with his Follies counterpart, Craig Sanchez.
Credit Park City Follies Facebook page

When you're Rob Katz, the CEO of one of the world's biggest ski operators, and find out the joke is on your company by the small-town theater group, you make sure you get tickets to the sold-out show, so you can see for yourself. KPCW's Leslie Thatcher reports.

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