NEWFANE, Vt. (AP) — A court will decide whether a private Vermont ski resort that filed for foreclosure will be run by a receiver.
The Brattleboro Reformer reports a hearing from Windham Superior Court Division concerning the Hermitage Club is scheduled for May 10.
Hermitage Club officials had requested to use a $26 million loan to pay off the resort’s debt. They say they it will take too long for a receiver to evaluate the company’s assets. Company officials say local professionals should take over, instead.
The resort was foreclosed on in February after failing to make payments on more than $16 million in loans.
The Hermitage Club hosted “The Bachelor Winter Games,” a four-episode spin-off of “The Bachelor” that ran in conjunction with the Olympics.