Canyons resort wants to deduct rent from $54M judgment

Canyons resort wants to deduct rent from $54M judgment

By christopher smart
The Salt Lake Tribune

Published Sep 9, 2011 11:14AM MDT

The Canyons ski resort wants to deduct its $3 million annual fee to lease ski terrain from the $60 million that Wolf Mountain LLC owes it because of a jury award.
Since the April trial, however, Wolf Mountain has declared bankruptcy and its principal, Kenny Griswold, has sold his interest in the company.
In a filing in Judge Bruce Lubeck’s 3rd District Court, attorneys for The Canyons argue it shouldn’t have to pay the annual fee on Summit County land it leases, because Wolf Mountain owes $54 mi...

Copyright 2011 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.