Bidding Set to Begin for Sno Mountain

The United States Bankruptcy Court for the Eastern District of Pennsylvania entered an Order on Thursday authorizing the duly appointed Chapter 11 Trustee to solicit bids for the 440-acre ski and water park resort in Pennsylvania.  The auction is set for February 28, 2013 and the Sale Hearing is currently set for March 6, 2013.

Sno Mountain Engages SSG Capital to Market Resort

The United States Bankruptcy Court for the Eastern District of Pennsylvania has approved the retention of SSG Capital Advisors, LLC to market Sno Mountain for a potential sale under section 363 of the Bankruptcy Code.  The resort will continue to operate in the ordinary course during the marketing and sale process to maximize the going concern value of the assets.