Ski resort in talks with 2 potential buyers

Associated Press//July 27, 2012//

Listen to this article

GREENBELT — The owners of Maryland’s only ski resort say they’re talking with two potential buyers and hope to announce a sale or reorganization plan by early October.

Wisp resort owner D.C. Development LLC revealed the negotiations Thursday in a U.S. Bankruptcy Court filing in Greenbelt.

The group currently faces an Aug. 10 deadline for producing a reorganization plan. It’s requesting an extension to Oct. 9.

The document doesn’t identify the potential buyers of the western Maryland resort in McHenry. It says the resort owners are working with another party on a reorganization plan that would allow D.C. Development to successfully emerge from bankruptcy.

Related Content

McCormick announces increase in quarterly dividend

The board of directors of McCormick & Company Inc. announced Wednesday an increase in the quarterly dividend.

November 29, 2023

The Village at Blenehim Run, at 1919 & 1921 Pulaski Highway, is a 51-unit affordable apartment community. This is the first phase of the development and is a four-story, central corridor, elevator building. Village at Blenheim Run serves Havre de Grace families, offering a mix of one-, two- and three-bedroom apartments. (Submitted photo)

Developers break ground on Harford County affordable housing development

Salisbury-based Green Street Housing hosted a groundbreaking ceremony at the Village at Blenheim Run in Havre [...]

November 28, 2023

T. Rowe Price Group names new head of global investments

Baltimore-based global asset management company T. Rowe Price Group Inc. announced its new head of global inve[...]

November 28, 2023

Federal Reserve Board of Governors member Christopher Waller poses for a photo on May 23, 2022, in Washington. (AP Photo/Patrick Semansky, File)

Fed official raises possibility of a rate cut by spring if inflation keeps slowing

A key Federal Reserve official raised the possibility that the Fed could cut its benchmark interest rate as ea[...]

November 28, 2023

A Utah Food Bank volunteer carries groceries for the needy at a mobile food pantry distribution site in Salt Lake City on Dec. 21, 2022. Supporting nonprofits on GivingTuesday this year could have a bigger impact than usual as nonprofits and industry groups say donations so far are down compared with previous years. Many organizations will be looking to make up the difference on GivingTuesday, which is the Tuesday after Thanksgiving. (AP Photo/Rick Bowmer, File)

Supporting nonprofits on GivingTuesday this year could have bigger impact than usual

Supporting nonprofits on GivingTuesday this year could have a bigger impact than usual.

November 28, 2023

Turned down for a loan, small business owners look to family and even crowdsourcing to grow

Among the many challenges small businesses face as they try to grow these days, getting a loan is right near t[...]

November 28, 2023

Select Region or Brand

Upcoming Event