Michael Goldberg, the court-appointed receiver for the resort, said he expects to pay the tax bill soon.
Alan Keays
Alan Keays is the former news editor of the Rutland Herald. He is reporting on EB-5 for VTDigger.
Email: [email protected]
Judge severely restricts Quiros’ legal funds
A “reasonable amount [for the defense] under the circumstances,” the judge said, is $80,000 — a far cry from the $1.5 million Quiros originally sought.
Federal judge OKs $13.3M Jay Peak settlement with Citibank
The settlement funds, in large part, will go to run ski operations at Jay Peak and pay contractors for work on two developments in the Northeast Kingdom.
Jay Peak investor group drops objection to Citibank settlement
Exactly what convinced the investors to change their position is unclear.
SEC: Quiros ‘squandering’ investor funds on legal fees
Quiros is seeking $3.6 million annually for attorneys’ fees and costs, plus an additional $180,000 for living expenses, an SEC litigator says.
Lawyers in Jay Peak EB-5 case tussle over the word ‘Ponzi’
The dispute over the search term “Ponzi” is just one of several that an attorney for Jay Peak investors wants the judge to settle.
Second group of EB-5 investors balks at Citibank settlement
As part of the settlement, Citibank is seeking assurances that no claims can be asserted against the bank related to the federal lawsuit.
Chinese investors in AnC Bio Vermont object to Citibank settlement
A Florida lawyer says her clients are entitled to $13.3 million from the proposed settlement between Citibank and the receiver.
Nearly 1,000 mourn deaths of five teens in I-89 wrong-way crash
Gov. Peter Shumlin: “We all feel rage and confusion and sorrow and absolute speechlessness at the notion that this act could have happened with intent.”
Lawyer: Stenger was in the dark until break with Quiros
The Vermont developer’s attorney wouldn’t comment “at this time” on whether his client will sue his onetime business partner. The two former partners have turned against each other as regulators pursue fraud allegations.
Wrong-way driver faces murder probe in I-89 crash killing five teens
Prosecutors filed an emergency motion to set bail at $250,000 in a separate criminal case pending against him.
Quiros mortgages condo, looks to pay lawyers $1M
The firm serving as his lead counsel has billing rates for its partners ranging from $600 an hour to $805 an hour.
Congress puts EB-5 reforms on hold
A measure to extend the EB-5 program was attached to a continuing resolution funding government operations through Dec. 9.
Judge approves protection of $2M in contractor claims for AnC Bio Vermont
PeakCM, the project’s general contractor, is seeking $2,170,649 for work on the project.
