Park City Mountain Resort Files Lawsuit

Posted By: The Ski Channel on March 9, 2012 2:04 pm

Talisker Land Holdings Responds

Park City LogoPark City Mountain Resort filed a lawsuit again Talisker Land Holdings, LLC today. There have been disagreements that leave one of the top resorts in North America and in peril.  

“After extensive and, sadly, unsuccessful negotiations, we reluctantly took the initiative to file this lawsuit,” said Jenni Smith, president and general manager of Park City Mountain Resort. “We need to protect the future of the company and our more than 1,200 employees, who bear a tremendous burden of uncertainty in this matter, and the many local businesses and homeowners in the Greater Park City area. We are seeking relief through the court, the only option left at our disposal.”

At the end of December of last year, Talisker Land Holdings, LLC, a Canadian-based real estate developer, warned the resort that their right to use some of the land occupied by some of their chairlifts and runs had expired.  The company insisted the resort would need to vacate the premises unless a new agreement for the use of the land was signed.

Talisker and Park City principals met several times in 2009, 2010, and 2011 to work on multiple property transactions, business opportunities and infrastructure investments, including the future lift connection between Park City Mountain Resort and Talisker’s Canyons Resort.  Park City paid its annual fee to Talisker in the summer of 2011 and went on to invest another $7 million in infrastructure upgrades throughout the resort.

 “The growth and success of Park City Mountain Resort is 100 percent attributable to the investment, the hard work and dedication of our management and entire staff of 1,200 employees and more than 400 volunteers,” continued Smith. “We’re going to fight as long as it takes to keep Park City Mountain Resort locally owned and locally operated.”

A complaint filed in the Third Judicial District Court in Summit Count said the “plaintiffs sue the defendants to prevent them from interfering with the continued operation of the Resort and from attempting to shut the Resort down.”