Close

Member Login

Invalid username or password.
Incorrect Login. Please try again.
Connect
Sign in using Facebook

not a member? sign-up now!

Signing up could earn you gear and it helps to keep offensive content off of our site.

image-ski hse 242x90

Moonlight Basin in Foreclosure

image-header-blog-ski 2

Moonlight Basin in Foreclosure

[ September 21, 2009 - 5:26pm ]
image-WelcomeToMoonlight
Welcome to Moonlight Basin
Montana resort owes over $86 million

Moonlight Basin is in foreclosure, according to the Bozeman Daily Chronicle. In 2007, Moonlight borrowed $100 million from Lehman Brothers, the recently troubled investment firm. Court papers were filed against the Montana ski resort, which opened just six years ago, on September 10th, claiming Moonlight owes the firm $78 million in principal and $8.3 in interest. The resorts current owners would not comment on the court filing, but claimed the resort would open its lifts this winter.

Your Comment
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

All submitted comments are subject to the license terms set forth in our Privacy Policy and Terms of Use