NH mountains at risk due to pharma lawsuit

[Ocean]

So interesting story, the pharma co that is being sued for their practice of pushing Oxy is the majority owner in 3 NH mountains, should the family go bankrupt due to the lawsuit(s), the future of three mountains could be at risk. Highly speculative at this point perhaps but interesting forward looking article:

http://indepthnh.org/2019/04/25/oxycontins-sackler-family-link-to-peak-resorts-stuns-nh-state-senator/

[Shane]

Peak Resorts isn't Vail Resorts but still hold quite a lot of mountains, one of the biggest ones is Mount Snow in Vermont. Hopefully, nothing happens to any of these mountains should the worst happen. Still a long way from that being an issue though.

Here's a full list of their resorts:

New Hampshire

• Attitash Mountain
• Crotched Mountain
• Wildcat Mountain

Pennsylvania

• Jack Frost Big Boulder
• Liberty Mountain
• Roundtop Mountain
• Whitetail Resort

Vermont

• Mount Snow

New York

• Hunter Mountain

Ohio

• Alpine Valley
• Boston Mills
• Brandywine
• Mad River Mountain

[Paul]

That is pretty serious if it ever gets that far in legal proceedings. I hope it doesn't get to that point, and if it does there could well be a declaration of bankruptcy if the case against them gets large enough. It's still a long ways off but things can happen quickly.

[Shane]

Due to some of the summer site upgrades in progress, I had to revert the site to an earlier version (from Wednesday) so this topic and its posts were manually resubmitted.