Court rules in Favor of Vail/Talisker over PCMR

13047912:SkiBum. said:
It's farther up then that...
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Source? I've seen some maps, the pcmr/pwdr land ends like half way up first time, then there is a second of another land onwer (very small) then talisker comes in way before the top of payday/crescent.
 
13047927:pussyfooter said:
Source? I've seen some maps, the pcmr/pwdr land ends like half way up first time, then there is a second of another land onwer (very small) then talisker comes in way before the top of payday/crescent.
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Nope, PCMR owns everything up to the top of Payday and over. Everything beyond the crest of that hill is Talisker land, aka the lost world.
 
13055835:JenniferGarner said:
Nope, PCMR owns everything up to the top of Payday and over. Everything beyond the crest of that hill is Talisker land, aka the lost world.
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Skiierman you're wrong, they own about halfway or so up payday and a straight line from there to silver star which just cuts off the top of first time. They own and very, very small piece of the resort
 
13055969:pussyfooter said:
Skiierman you're wrong, they own about halfway or so up payday and a straight line from there to silver star which just cuts off the top of first time. They own and very, very small piece of the resort
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Eheath is right and would either side honestly end up splitting along these lines? I can not possibly imagine a season actually happening with rinky dink Powdr resort operating directly under some contraption that gets vail passes to the top of the resort without using Powdr owned space. (Town lift?) Somethings gotta give.
 
13055969:pussyfooter said:
Skiierman you're wrong, they own about halfway or so up payday and a straight line from there to silver star which just cuts off the top of first time. They own and very, very small piece of the resort
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Well then, Mike is a big ol liar then. Must be Powdr corp. denial.
 
Do people in Park City talk about what is going to happen? Having grown up in a similar town I feel like everyone there would be shitting a brick right now.
 
13057068:jensen said:
Do people in Park City talk about what is going to happen? Having grown up in a similar town I feel like everyone there would be shitting a brick right now.
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its a big deal but nobody is shitting a brick, we'll be skiing one way or another, just depends how land is allocated and who runs it
 
13090133:Willskiforfree said:
Any new news?
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appeal ruling is august 26th i think?

current rumor ive been hearing is they'll be evicted after closing day of the upcoming season. so at least anyone who's already bought tickets or has vacations planned etc won't be screwed
 
12999973:pussyfooter said:
Lets get a few thing straight before this blows up.

1. PCMR/Powdr owns the base and the whole frontside of PCMR. Vail/Talisker can not operate PCMR until Powdr sells this part of the resort to Talisker, which they will never do.

2. This ruling is basically an official statement of "PCMR/Powdr corp failed to renew their lease 3 years ago" PCMR/Powdr has been fighting with Vail/Talisker of the validity of the lease, if the renewal was missed or not and other factors. This new ruling doesn't say Vail/Talisker owns pcmr or runs pcmr.

3. This is a media frenzy, nothing is actually going to happen anytime soon. Now its another year or two of pcmr/powdr and talisker/vail negotiating a new lease/a purchase/a whatever to settle everything. Nothing is going to happen to PCMR. Most of these news articles you will read have false information and other things to rile up the public, please ignore it. Unofficials article has been the best so far IMO:
http://unofficialnetworks.com/break...ail-resorts-park-city-mountain-resort-130897/

Please read this post before you guys go off on some insane uneducated bullshit.
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you also said tom wallisch was going to the Olympics
 
Shits getting real over here at the courthouse.

Sounds like talisker is going to lease the land to pcmr for the 14/15 season IF they can agree on an amount. The judge will decide this amount and its likely it will be around 10-11 mil (market value) while talisker keeps arguing about damages and lost profits from the previous years which really doesnt matter right now, thats a different issue. Luckily, the judge seems to understand that and will hopefully just propose a legit bond amount and we can move on until next summer.. haha
 
Ben Winslow @BenWinslow · 9m

FWIW, a rep for @PCski just told me season passes for the winter are officially on sale. @fox13now #PCMR #Utah

interesting, does this mean PCMR lives to see another ski season?
 
13108674:DeebieSkeebies said:
Ben Winslow @BenWinslow · 9m

FWIW, a rep for @PCski just told me season passes for the winter are officially on sale. @fox13now #PCMR #Utah

interesting, does this mean PCMR lives to see another ski season?
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I'm pretty sure there was no doubt pcmr would open it was just who would run it.

25 mins past the time they said they'd resume, lawyers are in the judges chamber.
 
3:00pm today.

Follow @benwinslow for minute to minute updates. Will also be a camera in the court room, but not sure about live feed or anything like that.

Wish the town of Park City and the Resort luck. This all needs to be resolved. Doesn't matter what way, just needs to be resolved.
 
13120260:SkiBum. said:
3:00pm today.

Follow @benwinslow for minute to minute updates. Will also be a camera in the court room, but not sure about live feed or anything like that.

Wish the town of Park City and the Resort luck. This all needs to be resolved. Doesn't matter what way, just needs to be resolved.
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Spoiler Alert: The decision has been postponed to review whatever who cares and the judge will make his decision Nov. 5th when he returns from a leaf peeping trip to Vermont.
 
I see this going all the way through next summer as well. Apparently either side had a difference of opinion in regards to how much the land was worth. According to the judge, the difference was over $100 million between the two. Ha!
 
13117749:pussyfooter said:
Classic uninformed post by some random person.
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i was going for classic sarcasm, but my bad no hard feelings my friend! hope all works out well for you guys that ride PC
 
13125218:SkiBum. said:
Bond paid. Ski season as normal. Come ski.
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Although it was the likely outcome, its been a stressful process for then entire town, glad this season is good to go and they have another 8 months to discuss a long term deal.
 
13125288:pussyfooter said:
Although it was the likely outcome, its been a stressful process for then entire town, glad this season is good to go and they have another 8 months to discuss a long term deal.
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Tell me about it...
 
13126217:DubV134 said:
http://m.sltrib.com/sltrib/mobile3/58393711-219/pcmr-park-ski-resort.html.csp

we will getcha next year...
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We will getcha next year dude are you kidding me?

Vail/talisker evicting PCMR is NOT A GOOD THING. I know all you retards think 'oh whats the difference, just one more mnt on th epic pass?" its so much more than that.

Anyways, they have 8 or 9 months to figure out a long term solution, PCMR is either going to sell or they'll make a long term lease agreement.
 
Why are you so afraid of VR ownership? Change is inevitable, the situation you have there is a mess. VR represents a stable owner with a dedication to grow/profit.

you're gunna call me retarded I'm gunna call you fat.
 
13126512:pussyfooter said:
We will getcha next year dude are you kidding me?

Vail/talisker evicting PCMR is NOT A GOOD THING. I know all you retards think 'oh whats the difference, just one more mnt on th epic pass?" its so much more than that.

Anyways, they have 8 or 9 months to figure out a long term solution, PCMR is either going to sell or they'll make a long term lease agreement.
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HA! The only difference is either one group of rich people own the mountain or another group of rich people own it. There will be plenty of shitty seasonal jobs and everyone will be able to ski their favorite Park City Resort... unless POWDR Corp holds their mistake up for ransom again.

Vail wants to turn PCMR/Canyons into a mega resort, but even that doesn't really matter because One Wasatch aims to do that and more regardless.

1st world problems.
 
13126622:DubV134 said:
Why are you so afraid of VR ownership? Change is inevitable, the situation you have there is a mess. VR represents a stable owner with a dedication to grow/profit.

you're gunna call me retarded I'm gunna call you fat.
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If talisker buys the land for a fair value, sure why not. But the fact talisker/vail have just been straight up bullying pcmr is bullshit.
 
@pussyfooter - I tend to agree with your stance throughout this thread, with one big exception. You act as if this is poor pcmr being picked on by big-bad company X (Talisker in this case). Please do not forget that pcmr was the group who didn't sign the lease renewal on time and then forged documents to make it look like they had done so. In my book, that's just plain idiotic. Nevermind the fact that pcmr was leasing the property owned by Talisker for pennies on the dollar ($155,000/year if you didn't already know). What was pcmr doing with all of that money they were not spending on what the property should have been worth? Passing it on to the locals I'm sure!! Except, nope - they weren't doing that either. Pcmr is just as expensive as every other resort in the Wasatch, but they were leasing their land for a fraction of what it's worth. I do not like Talisker, but at least they were honoring the 50 year lease agreement, even though the money was crap. And now they have the opportunity to get fair market value (established by the courts) for the land and pcmr is throwing a fit. It's not a good look at all. But by all means - ignorance is bliss.
 
13126782:.[sanhedrin said:
.]@pussyfooter - I tend to agree with your stance throughout this thread, with one big exception. You act as if this is poor pcmr being picked on by big-bad company X (Talisker in this case). Please do not forget that pcmr was the group who didn't sign the lease renewal on time and then forged documents to make it look like they had done so. In my book, that's just plain idiotic. Nevermind the fact that pcmr was leasing the property owned by Talisker for pennies on the dollar ($155,000/year if you didn't already know). What was pcmr doing with all of that money they were not spending on what the property should have been worth? Passing it on to the locals I'm sure!! Except, nope - they weren't doing that either. Pcmr is just as expensive as every other resort in the Wasatch, but they were leasing their land for a fraction of what it's worth. I do not like Talisker, but at least they were honoring the 50 year lease agreement, even though the money was crap. And now they have the opportunity to get fair market value (established by the courts) for the land and pcmr is throwing a fit. It's not a good look at all. But by all means - ignorance is bliss.
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I mean, I'm not ignorant, I understand. The whole thing that pisses me off is that they even tried to evict them in the first place. Its more than just pcmr, its the entire town.

Anyways, i'd bet $100 that talisker buys pcmr from powdr corp by april 2015.
 
This indeed blows for the town of park city. A Vail takeover is not what I think is a good idea. But every PC resident I speak with blames Tallisker/Vail, and that's complete horseshit. Pcmr effed-up big time. And now it would appear that they will pay dearly for that mistake, in the terms of a new lease agreement worth more like $5-18 million a year. Or they will sell their stake in the mountain and go put all their efforts into Snowbird (which they recently purchased a majority stake in).
 
13126800:.[sanhedrin said:
.]This indeed blows for the town of park city. A Vail takeover is not what I think is a good idea. But every PC resident I speak with blames Tallisker/Vail, and that's complete horseshit. Pcmr effed-up big time. And now it would appear that they will pay dearly for that mistake, in the terms of a new lease agreement worth more like $5-18 million a year. Or they will sell their stake in the mountain and go put all their efforts into Snowbird (which they recently purchased a majority stake in).
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There's a reason why the One Wasatch plan never included a lift connecting the Canyons and PC- which is the easiest to build. Talisker has been hoping for PCMR to cave in but they won't... hopefully... Powdr isn't too different from Talisker from what I've understood so far but hopefully different enough that they won't run away with their investors' tails tucked between their shaved legs.
 
Vail swallows another. They are getting so damn big it is nearly impossible to compete with. I miss the days of privately owned ski resorts.
 
:(((( now I'm going to have to spend an extra 100$ on my pass for something I don't even want.. They better do a good job at managing the resorts park or I'll freak
 
13128202:jensen said:
Vail swallows another. They are getting so damn big it is nearly impossible to compete with. I miss the days of privately owned ski resorts.
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...most are still privately owned, no?
 
13128370:omIV said:
...most are still privately owned, no?
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I guess it depends on how you define privately owned. Vail and American Ski Company (are they even still around?) are both publicly traded companies. Boyne Resorts is privately held (as in not publicly traded) but is still large and corporate.

I was more referring to a while back when it seemed like rich families owned ski resorts. I remember 10 years ago (maybe more, I am getting old) when Copper Mountain in CO used to tout the fact that they weren't corporately owned, then came Intrawest. There are still some awesome little hills around that are family owned, but I can't think of any big resort that is not completely corporate.
 
13128559:jensen said:
I guess it depends on how you define privately owned. Vail and American Ski Company (are they even still around?) are both publicly traded companies. Boyne Resorts is privately held (as in not publicly traded) but is still large and corporate.

I was more referring to a while back when it seemed like rich families owned ski resorts. I remember 10 years ago (maybe more, I am getting old) when Copper Mountain in CO used to tout the fact that they weren't corporately owned, then came Intrawest. There are still some awesome little hills around that are family owned, but I can't think of any big resort that is not completely corporate.
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I think there's still some out there. It sucks that Copper and Winter Park are owned by Intrawest now, but I feel like they still have a better feel than Summit County. Crested Butte is still local (I think). And even though Aspen is a massive resort, I think that's all that the company owns. And that's just in Colorado--I don't know much about the west coast areas. Have faith!
 
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