SEC receiver Archives - VTDigger

SEC receiver

Judge OK’s payment option for unpaid EB-5 contractors, subcontractors

Contractors can opt for 33 percent of what they are owed and hope for future proceeds when the properties sell. Or they can take a onetime 60 percent payment now of their total bill.

Jay Peak receiver says Stenger no longer working for resort

The former CEO of Jay Peak will provide assistance to the receiver on an “as-needed” basis.

Jay Peak receiver reaches $13.3M settlement with Citibank

The federal court must approve the deal. The money would be used to support operations at the ski resort and settle claims.

Federal court approves $4.9M for Jay Peak tram

Jay Peak says the tram could be ready to go next week; state officials say safety problems could take months to resolve.

Burke Mountain Hotel to open Sept. 1

SEC receiver will ask the court to allow Burke, Jay Peak subcontractors to perfect liens.