Current:Home > MarketsWest Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign -消息
West Virginia Republican Gov. Jim Justice in fight to keep historic hotel amid U.S. Senate campaign
View
Date:2025-04-24 10:18:27
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice, a Republican candidate for U.S. Senate, is in a fight to keep his iconic Greenbrier hotel.
A legal notice announcing a public auction for the luxury resort near White Sulphur Springs due to unpaid debts was publicized in the West Virginia Daily News Wednesday — only the latest development in the Justice family’s financial woes.
Justice, who owns dozens of companies and whose net worth was estimated by Forbes Magazine to be $513 million in 2021, has been accused in numerous court claims of being late in paying millions of dollars he owes in debts for family businesses and fines for unsafe working conditions at his coal mines.
Justice, who began serving the first of his two terms as governor in 2017, bought The Greenbrier, which has hosted U.S. presidents and royalty, out of bankruptcy in 2009. The PGA Tour held a tournament at the resort from 2010 until 2019.
His family also owns The Greenbrier Sporting Club, a private luxury community with a members-only “resort within a resort.” That property was scheduled to be auctioned off this year in an attempt by Carter Bank & Trust of Martinsville, Virginia, to recover more than $300 million in business loans defaulted by the governor’s family, but a court battle between the Justice family and the bank delayed that process.
Wednesday’s notice said the auction involves 60.5 acres — including the hotel itself and the adjacent parking lot — and is scheduled for August 27 at 2 p.m. at the Greenbrier County Courthouse in Lewisburg.
A spokesperson for Justice said the impending auction is not a state government matter and the governor’s office wouldn’t comment. Campaign staff did not return an email from The Associated Press Thursday.
In a statement to West Virginia MetroNews, Justice attorney Bob Wolford accused lender JPMorgan Chase Bank of aligning with the Democrats “to undermine the next Republican Senator from West Virginia.”
The statement said that the Justice family originally secured a $142 million loan in 2014 from JPMorgan Chase and that only $9.4 million in debt remains after payments made as recently as June of this year.
On July 1, the governor was notified by JPMorgan Chase that it had sold Justice’s loan to Beltway Capital, which declared it to be in default.
“Let me be clear that the Greenbrier will not be sold, and the Justice family will take all necessary action to ensure that there will not be any adverse impact on their ownership of the Greenbrier or the Greenbrier’s operations and the ability of the Greenbrier to continue to provide world class service for its guests will be uninterrupted,” Wolford told MetroNews.
veryGood! (925)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- The View's Sara Haines Walks Off After Whoopi Goldberg's NSFW Confession
- Can't afford a home? Why becoming a landlord might be the best way to 'house hack.'
- Louisiana asks court to block part of ruling against Ten Commandments in classrooms
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Jessica Simpson's Husband Eric Johnson Steps Out Ringless Amid Split Speculation
- Patrick Mahomes Breaks Silence on Frustrating Robbery Amid Ongoing Investigation
- It's about to be Red Cup Day at Starbucks. When is it and how to get the free coffee swag?
- Meet first time Grammy nominee Charley Crockett
- Avril Lavigne’s Ex Mod Sun Is Dating Love Is Blind Star Brittany Wisniewski, Debuts Romance With a Kiss
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Military veteran gets time served for making ricin out of ‘curiosity’
- Walmart Planned to Remove Oven Before 19-Year-Old Employee's Death
- What do nails have to say about your health? Experts answer your FAQs.
- Trump invites nearly all federal workers to quit now, get paid through September
- US overdose deaths are down, giving experts hope for an enduring decline
- Kate Hudson and Goldie Hawn’s SKIMS Holiday Pajamas Are Selling Out Fast—Here’s What’s Still Available
- Flurry of contract deals come as railroads, unions see Trump’s election looming over talks
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
GM recalls 460k cars for rear wheel lock-up: Affected models include Chevrolet, GMC, Cadillac
Wildfires burn on both coasts. Is climate change to blame?
Vegas Sphere reports revenue decline despite hosting UFC 306, Eagles residency
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Missouri prosecutor says he won’t charge Nelly after an August drug arrest
Best fits for Corbin Burnes: 6 teams that could match up with Cy Young winner
Prosecutor failed to show that Musk’s $1M-a-day sweepstakes was an illegal lottery, judge says