Park City Reacts To Vail Takeover

One day after the biggest news in Park City history hit the web, the initial shock is still blistering through this small Utah mining town. Parkites and ski enthusiasts are now asking more questions than there are answers for. In other words, what will Vail Resorts’ ownership mean for the community of Park City? Powdr … Continue reading →

Vail Resorts Takes Over PCMR

The big news coming out of little Park City today was the $182.5 million purchase of Park City Mountain Resort by Vail Resorts. Maybe not since the silver bust or at least the 2002 Winter Olympics has Park City, Utah, experienced such national attention. So where do I start? You’ve all heard the news by … Continue reading →

PARK CITY MOUNTAIN RESORT TO PAY BOND; LET THE SKI SEASON BEGIN!

    Park City Mountain Resort (PCMR) announced today it’s going to pay up. Judge Ryan Harris imposed a $17.5 million bond amount last week if the resort planned to operate for 2014/15. Well, get ready folks. the scheduled season opener is November 22, 2014; maybe even sooner if all of the epic snowfall forecasts … Continue reading →

Judge Tells PCMR To Pay $17.5 Million Bond

    Oh Joy! We get to wait…again. It wouldn’t be a telenovela without a cliffhanger and the lawsuit between Park City Mountain Resort and Talisker Landholding LLC. wouldn’t be the biggest eviction case in the history of Utah without yet another delay. Judge Ryan Harris ruled in 3rd District Court of Summit County this … Continue reading →

Still No Decision In The PCMR/Vail Resorts Battle

“No news is good news” was definitely not what the anxious crowd at today’s hearing in Park City wanted to hear. But it’s about the only thing that anyone could say to sum up the latest in the Talisker/Vail Resorts/Park City Mountain Resort drama. After nearly four hours of back and forth, and private chamber … Continue reading →

PCMR & Talisker Ask For Mediation Extension

          It’s an encouraging sign for Park City and those hoping to visit Utah this season. Talisker and Park City Mountain Resort have joined together to ask judge Ryan Harris to extend the mediation deadline. As the battle over PCMR’s property and resort operations comes to a head with the August … Continue reading →

Park City Residents Weigh In- Vailisker v PCMR

Vail Resorts is telling Park City what they want to hear. In the wake of the eviction notice Talisker Land Holdings slapped on Park City Mountain Resort last week, Vail Resorts said in a prepared statement that they will not interfere with PCMR’s operations this season. Kelly Ladyga, the vice president of corporate communications, has … Continue reading →

Talisker Slides Aside

If the lease of Canyons Resort to Vail Associates knocked people off their feet, the news this week that Talisker Corporation (Vail’s landlord) is pulling out of Canyons altogether is sending them into the next hemisphere. Flera LLC, a subsidiary of one of Talisker’s major underwriters (the investment-management firm Värde Partners Inc.) has brought in Alvarez & Marsal … Continue reading →

PCMR v. Talisker : Round One Bell Sounds

Wow. Way to drop a bomb and run. For nearly six months, we’ve laid in wait wondering what the future might look like for Park City Mountain Resort. If you weren’t paying attention last week you might have missed the next big step in their struggle with Talisker Land Holdings, the parent company of Canyons … Continue reading →

Celebrity Ski Race at Canyons Supports Smiles

It was smiles all around for the gang that showed up at Canyons on Saturday; and it wasn’t just the gorgeous spring weather and the Gruv setting up in the Village below. The impromptu idea to have a celebrity ski race and raise a couple hundred grand for a charity called Operation Smile wasn’t long … Continue reading →