/tags/eb-5 EB-5 en-US 开云体育 Fri, 07 Mar 2025 21:09:05 GMT /local-news/2025-03-07/sale-of-burke-mountain-resort-almost-final-says-court-appointed-receiver Michael Goldberg, the court-appointed receiver in charge of Burke Mountain, said in a press release this week he was 鈥渘ow finalizing鈥� the sale of the resort. The Northeast Kingdom ski resort and hotel has been overseen by Goldberg since 2016, when federal regulators accused the former owners of running a 鈥淧onzi-like鈥� scheme. Fri, 07 Mar 2025 21:09:05 GMT /local-news/2025-03-07/sale-of-burke-mountain-resort-almost-final-says-court-appointed-receiver Liam Elder-Connors /local-news/2024-07-10/sale-of-burke-mountain-resort-could-be-complete-later-this-year-says-court-appointed-receiver Michael Goldberg, the court-appointed receiver overseeing Burke Mountain Resort, wrote in a recent court filing he鈥檚 found a party to serve as an initial bidder on the property and that he hopes to complete the sale later this year. Wed, 10 Jul 2024 19:51:27 GMT /local-news/2024-07-10/sale-of-burke-mountain-resort-could-be-complete-later-this-year-says-court-appointed-receiver Liam Elder-Connors /local-news/2024-01-05/vermont-taxpayers-will-foot-the-16-5-million-in-eb-5-fraud-settlement Attorney General Charity Clark told 开云体育 last year that she would pursue coverage from the state's insurance carrier to cover those costs. Fri, 05 Jan 2024 20:59:40 GMT /local-news/2024-01-05/vermont-taxpayers-will-foot-the-16-5-million-in-eb-5-fraud-settlement Peter Hirschfeld /local-news/2023-08-30/attorneys-for-eb-5-investors-could-get-5-5m-from-vermont-state-government-settlement A federal judge still needs to sign off on the payment amounts for the settlement, which Vermont officials announced in July. Wed, 30 Aug 2023 20:14:29 GMT /local-news/2023-08-30/attorneys-for-eb-5-investors-could-get-5-5m-from-vermont-state-government-settlement Liam Elder-Connors /local-news/2023-07-06/attorney-general-charity-clark-on-proposed-16-5-million-eb-5-settlement A proposed global settlement would resolve more than 30 pending lawsuits against the state of Vermont, and bar any future litigation related to the EB-5 scandal. A federal court still needs to sign off on the deal. Thu, 06 Jul 2023 21:07:25 GMT /local-news/2023-07-06/attorney-general-charity-clark-on-proposed-16-5-million-eb-5-settlement Liam Elder-Connors /local-news/2023-07-05/vermont-state-government-announces-16-5m-to-settle-eb-5-lawsuits-jay-peak The state of Vermont has agreed to pay $16.5 million to settle all pending lawsuits 鈥� and potential lawsuits 鈥� related to the EB-5 scandal. Wed, 05 Jul 2023 21:38:15 GMT /local-news/2023-07-05/vermont-state-government-announces-16-5m-to-settle-eb-5-lawsuits-jay-peak Liam Elder-Connors /local-news/2023-06-14/unnamed-buyer-makes-offer-on-burke-mountain-resort An unnamed buyer has submitted a bid for a Northeast Kingdom ski resort caught up in the EB-5 scandal, according to recent court filings. Wed, 14 Jun 2023 16:15:51 GMT /local-news/2023-06-14/unnamed-buyer-makes-offer-on-burke-mountain-resort Liam Elder-Connors /local-news/2022-09-16/federal-judge-approves-jay-peak-sale-to-utah-based-pacific-group-resorts After more than six years in receivership, Jay Peak ski resort will have a new owner. A federal judge in Florida on Friday approved the $76 million sale of Jay Peak ski resort to Pacific Group Resorts, Inc. (PGRI). Fri, 16 Sep 2022 19:05:23 GMT /local-news/2022-09-16/federal-judge-approves-jay-peak-sale-to-utah-based-pacific-group-resorts Liam Elder-Connors /show/vermont-edition/2022-09-13/historic-fraud-led-to-jay-peaks-auction-how-will-the-resorts-sale-impact-vermont Host Connor Cyrus speaks with reporter Liam Elder-Connors about the EB-5 fraud that put ski resort Jay Peak up for auction. He also talks with resort president Steven Wright about what the sale means for the hundreds of workers at the resort. Tue, 13 Sep 2022 20:45:20 GMT /show/vermont-edition/2022-09-13/historic-fraud-led-to-jay-peaks-auction-how-will-the-resorts-sale-impact-vermont Connor Cyrus, Matthew F Smith /local-news/2022-09-08/utah-based-pacific-group-resorts-poised-to-buy-jay-peak-for-76-million A ski resort conglomerate based in Utah is in line to buy Jay Peak Resort for $76 million after submitting the highest bid in an auction Wednesday. The sale to Pacific Group Resorts, Inc. (PGRI) is pending approval by a federal judge in Florida. Thu, 08 Sep 2022 18:59:56 GMT /local-news/2022-09-08/utah-based-pacific-group-resorts-poised-to-buy-jay-peak-for-76-million Henry Epp