Park City Mountain Resort may have to post bond to stay open for ski season

Posted at 8:23 AM, Aug 02, 2014
and last updated 2014-08-02 10:28:20-04

SILVER SUMMIT, Utah — New court filings show that lawyers for Park City Mountain Resort and Talisker are talking about ways to keep the ski resort open for the upcoming ski season.

But it won’t come cheap.

In the filing, Talisker said it is “mindful of the Park City community’s concerns that operations at the Resort continue uninterrupted next ski season.” However, lawyers for Talisker want PCMR’s parent company to be “required to post a bond sufficient to protect Talisker’s rights to collect on a judgment.” Such a bond is expected to be in the millions of dollars.

Read the filing by Talisker here:

In a letter this past week to Judge Ryan Harris, Talisker attorney John Lund asked for a court hearing on how much PCMR should pay to keep operating.

Read the letter from Talisker’s attorney here:

In his own letter to the judge, PCMR attorney Alan Sullivan wanted some ground rules set.

“We believe it is important to resolve the amount of security as soon as possible so that the parties and the community can be assured that Park City Mountain Resort will operate this season,” he wrote.

Read the letter from PCMR’s attorney here:

In June, Judge Harris signed an eviction order for PCMR after he previously ruled they missed a key deadline to renew their lease on the mountain that Talisker operates. However, the judge stayed his decision and ordered both sides to go into mediation.

The letters between the attorneys to the judge indicated that mediation efforts continue, with an Aug. 15 deadline. Another hearing in the case is set for Aug. 27.

Court records indicated that PCMR has filed a notice of appeal with the Utah Supreme Court.