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Creditors seek to foreclose on Bitterroot Resort, demand full control of Maclay property
October 8, 2009 /
Creditors are trying to foreclose on the Bitterroot Resort http://www.skibitterrootresort.com/ ski area west of Florence.
Metropolitan Life Insurance Co. Asset Holdings LLC http://www.metlife.com has demanded full control of the property, which it valued at almost $19 million. It lists Montanans Tom Maclay and his parents, Bruce and Mary Maclay, as the principal mortgage holders of Bitterroot Trails LLC, the corporation that owns the property.
By ROB CHANEY of the Missoulian
Full Story: http://missoulian.com/news/local/article_51c32b20-b3ca-11de-b274-001cc4c002e0.html
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Posted in: Montana Business
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