Search Results for: bankrupt

Folgefonna Glacier Ski Resort in Norway Saved After Bankruptcy, Set to Reopen for Summer 2025

Fonna Glacier

One of Europe’s few glacier ski resorts is getting a second chance. After declaring bankruptcy in fall 2024, Folgefonna Glacier Ski Resort—known for offering skiing in the middle of summer and referred to by locals as only “Fonna”—is preparing to reopen this May under new ownership. A new company, Fonna Sport AS, has stepped in to take over the operation, […]
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Martin Kuprianowicz |
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German Company Acquires Bankrupt Jungholz Ski Area, Austria, for $1.65 Million

Jungholz ski area, Austria. | Photo: snowplaza.co.uk

Jungholz ski area, Austria, will reopen under new ownership after filing for bankruptcy in June 2024, reports Meinbezirk.at. WMM AG, a German-based company, has acquired the family-friendly ski area, investing around €1.5 million ($1.65 million), and plans to revitalize it with affordable rates and features tailored to families. Related: Witnesses Wanted as Skiers Knock Woman to Ground & Ski Over […]
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Backcountry Ski Brand G3 Facing Potential Bankruptcy

g3

Genuine Guide Gear, also known as G3, is a well-respected player in the outdoor sports industry. It is particularly known for its high-quality backcountry skiing and snowboarding equipment. Founded in 1995 and based in Vancouver, British Columbia, G3 has built a reputation for designing innovative, reliable gear that caters to the needs of backcountry enthusiasts. Products include backcountry skis and […]
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Avatar photo Brent Thomas |
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SnowBrains Podcast #43 | Spot Insurance – US Health Insurance Sucks, Medical Bills Are The #1 Cause of Bankruptcy in America, Spot Can Help

Spot podcast.

Brought to you by Peak Skis & Scarpa Boots My guest today is Spot Insurance CEO Matt Randall The health insurance system we have in the USA today is broken and medical bills are the #1 cause of bankruptcy in America.  I personally have paid over $24K in the past 7 years for my skiing injuries and treatments. Spot has […]
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2 of New Zealand’s Largest Resorts on Brink of Bankruptcy After 3 Difficult Years Caused by Covid-19 and Low Snow

Mt. Ruapehu Sky Waka

Ruapehu Alpine Lifts Limited (RAL), the company that operates the Whakapapa and Tūroa skifields in the central North Island, New Zealand, has gone into voluntary administration. The company had no choice after a bailout request from the government was rejected. In a press release this morning, John Fisk and Richard Nacey of PwC, the appointed voluntary administrators, blamed a problematic […]
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Liftopia Lives to Fight Another Day as Judge Throws Out Bankruptcy Case

Liftopia

Popular online lift-ticket discount site Liftopia lives to fight another day as an attempt by Aspen Skiing Co. and a number of other ski-area operators failed in their attempt to force the company into bankruptcy. Related: Liftopia Facing Involuntary Bankruptcy for $3-Million Owed to Alterra, Aspen Skiing Co, and Others The US Bankruptcy Judge Hannah Blumstiel of the Northern District […]
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Liftopia Facing Involuntary Bankruptcy for $3-Million Owed to Alterra, Aspen Skiing Co, and Others

liftopia, bankruptcy

Popular lift ticket discount site Liftopia is allegedly facing Chapter 11 Involuntary Bankruptcy, according to businessbankruptcies.com, with petitions being filed by Alterra Mountain Company and Mountain Collective Pass operator Aspen Skiing Company. Claims against Liftopia so far total $3-million for failure to pay commercial fees. Chapter 11 Involuntary Petition Against a Non-Individual. Fee Amount $1717. Filed by Petitioning Creditor (s) Aspen […]
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