WAMU 88.5 : News

Filed Under:

Bankruptcy Sale Of Maryland's Only Ski Resort Approved

Play associated audio
The Wisp ski resort in Garrett County will now be under new ownership.
http://www.flickr.com/photos/lin/5767067/
The Wisp ski resort in Garrett County will now be under new ownership.

A bankruptcy court judge has approved the sale of Maryland's only ski resort for more than $23 million.

Earlier this week, a judge in Greenbelt  approved the sale of the Wisp resort to EPT Ski Properties. The judge also approved the sale of a golf course and other land to National Land Partners for $6.1 million.

The resort filed for Chapter 11 bankruptcy protection in 2011 after defaulting on nearly $30 million in loans it had received from BB&T Corp. of Winston-Salem, N.C., to build a golf course community near the ski hill. Home sites in the Lodestone golf-course development didn't sell as well as expected.

Formal closing dates for the sales are expected in December.

NPR

Musicians 'Let It All Out' At MTV's Video Music Awards

Complex magazine writer Alex Gale talks about the more than 30-year history and previews what to expect for Sunday night's Video Music Awards on MTV.
NPR

Japan's Centuries-Old Tradition Of Making Soba Noodles

In the remote mountains of the Japanese island of Shikoku, an old woman makes soba noodles by hand from locally grown buckwheat. It's ancient technique that is adapting to modern times.
WAMU 88.5

D.C. Department Shakeup Raises Questions About Pay-To-Play Politics

Turnover at a major D.C. government department is raising questions about local businesses, political contributions and influence in city politics.

NPR

A Hero For The Arts And Sciences: Upcoming Marvel Covers Promote STEAM Fields

The five covers feature the company's heroes — including Spiderman, Iron Man, and the Hulk — all engaging in activities educators have been trying to promote.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.