Article: Judge Approves Jay Peak Sale to Pacific Group Resorts
Burke could hit the auction block soon.
Over half a dozen years after the U.S. Securities and Exchange Commission raided Jay Peak over an EB-5 Ponzi scheme, the sale of the resort was approved by a Federal judge yesterday. The sale is expected to be completed after leases and other agreements are transferred and finalized.
Story: Judge Approves Jay Peak Sale to Pacific Group Resorts - NewEnglandSkiIndustry.com