Vermont Ski Pass holders Suing Mad
In an article in the Rutland Herald online newspaper, it was reported that
the Vermont based Killington/Pico Ski Resort Partners Corporation was sued in the Rutland Superior Court by a number of passholders who say that the ski passes that they recently purchased should be honored for a lifetime.
This lawsuit, which was filed by 4 passholders, states that based on prior treatment by Killington’s different corporate entities, the resort’s new owners are liable for honoring the passes for life.
But the Partners in question stated through its law firm that the alleged lifetime passes were only valid for as long as the Sherburne Corporation (which is the original owner) continued to operate the resort. The Sherburne Corporation eventually changed their name.
Well how convienent (just kidding)…..
In any case the parent company, SKI Ltd, was bought by one American Skiing Company about ten years ago or so and continued to operate the resort and honor it’s passes, if their claim is indeed correct, which the court will ultimately decide.
Several months ago, in the meantime, American Skiing Company sold the resort to the Powdr Corporation and the SP land company. They operate the ski resorts as Killington /Pico Ski Resorts Partners.
Asked why the American Skiing Company continued to honor the original passes following the purchase of Killington/Pico while evidentally under no contractual obligation to do so according to the law as it is currently written, it was stated that the 2 transactions were structured in completely different ways. If you need a qualified lawyer visit Los Angeles Personal Injury Attorneys
She said American Skiing Co.’s purchase of SKI Ltd. was a stock sale while the sale of Killington/Pico to Powdr Resorts and SP Land was an asset sale. McAndrew said the latter includes lifts, buildings and equipment.
It was also claimed that the previous corporate entity, Killington Ltd., died after the purchase.
Apparently, the resort will define lifetime to its own liking.
The new owners granted pass holders a 2-year extension before they will expire. Is this generous enouph?
Killington/Pico Resort have yet to file a response to the civil suit.